Kevin Hostetler has been named CEO of Array Technologies, a provider tracker solutions and services to the utility-scale solar industry. He will also join Array’s board of directors. Jim Fusaro previously announced that he would be retiring by the end of this year. Hostetler succeeds him.
For the last four years, Hostetler has served as CEO at Rotork, a FTSE 250 company, where he led the company’s Growth Acceleration Program which drove improved margins, capital efficiency and commercial excellence.
“We are excited to welcome Kevin as CEO to lead Array through its next phase of growth,” states Brad Forth, chairman of Array Technologies. “Over the past few years, the Array team, led by Jim Fusaro, built a strong foundation which doubled the size of our business. As we look toward the future under Kevin’s leadership, Array will focus on executing on our long-term strategic initiatives and integrating the STI Norland business. Given his immense experience in senior leadership roles, we are confident Kevin can lead Array to growth and operational excellence for the foreseeable future.”
“Array Technologies is a company that I have admired for some time now,” Hostetler adds. “Array is a great intersection of my deep experience in engineered products and actuation, and my passion for the environment. Array’s innovative products are key to important constituents across the solar industry. As rapid expansion and increased demand for utility-scale solar has taken place, Array has truly made a difference by helping its customers optimally harness the power of the sun.”
Before joining Rotork, Hostetler was CEO of FDH infrastructure Services. He led the company through a series acquisitions to improve aging critical infrastructure such as transmission towers, bridges, dams and dams. He was Wind Point Partners’ executive advisor. Over seven years, he held various leadership positions at IDEX Corporation. He was an officer and the group president for the Fluid and Metering Technology Segment and IDEX Asia. Hostetler also spent seven years at Ingersoll Rand in progressive P&L leadership and business development roles within the Industrial Technologies Segment.
“On behalf of the board of directors, I’d like to thank Jim for his leadership and steady hand as he guided Array through a period of rapid growth and global market expansion,” continues Forth. “He was instrumental in leading Array through important milestones including the development of our SmarTrack software solution, our initial public offering and the acquisition of STI Norland, among many other achievements. Jim also prioritized people, fostering a culture of innovation that will remain core to Array’s identity.”