LUMEnergi Assembles Team of Industry Leaders to Accelerate Growth of Advanced Lighting Energy Management Company

NEWARK, Calif.--(BUSINESS WIRE)--LUMEnergi™ (the “Company”), a leading provider of network-controlled lighting energy management solutions, today announced new executive appointments to help lead its growth. The strategic hires position the Company by adding extensive industry experience and relationships to help deliver its unique value proposition to commercial and industrial applications by maximizing lighting energy-efficiency while promoting lighting quality.

“The innovation and engineering excellence of LUMEnergi's product line means that NetLight has the flexibility to handle the needs of the future, while delivering superior energy-efficiency and lighting quality results today”

Barry Weinbaum assumed the role of President and CEO of LUMEnergi earlier this month and announced the new members of the Company’s senior management team. “LUMEnergi has added a team of lighting and controls industry leaders with the knowledge, experience, and relationships to guide the Company’s growth at this critical stage,” Weinbaum said. “LUMEnergi offers a unique product portfolio and customer value proposition. Our NetLight™ product portfolio is a scalable, intelligent and configurable system to control lighting energy and promote lighting quality in commercial and industrial facilities while preserving customers’ investments in lighting infrastructure. It combines simplicity, lighting quality and energy savings, all without requiring expensive and unwanted building disruptions. Our new team will help convey these key advantages to the market and our customers."

Rounding out LUMEnergi's senior management team are:

William J. Astary, Senior Vice President of Sales – Astary will lead LUMEnergi’s sales efforts focused on expanding access to the Company’s solutions. Prior to joining LUMEnergi, Astary held the position of Senior Vice President of Strategic Marketing and Business Development and served as a long-time member of the executive leadership team at Acuity Brands^®. His distinguished background includes various positions in engineering, product development, marketing and sales. A 25-year member of the Illumination Engineering Society of North America, he also serves on the Board of Directors of the Jim H. McClung Lighting Research Foundation, and is past Director of the Robert J. Besal Lighting Education Fund.
Susie Minton, Vice President Marketing – With over 12 years of experience in taking advanced lighting control capabilities to commercial market applications, Minton will lead LUMEnergi’s marketing efforts. She recently managed marketing for the Controls Division of Acuity Brands and was instrumental in the alignment and integration of market strategy across numerous controls brands. Previously, Minton held various positions including Commercial Systems and Product Sales for Lutron^® Electronics (“Lutron”) where she worked with building owners, architects, engineers, designers, and contractors in the effective specification, purchasing, and installation of lighting control products. While at Lutron she took the lead in the Customer Education Department, including the management of the Lighting Control Institute, enhancing global Customer Experience and Continuing Education Programs.
Andrew Savadelis, Chief Financial Officer – Savadelis is an accomplished finance and operations expert with years of experience in leading strategy for growth stage companies in the technology and biotech industries. Having served as COO for both public and private companies, he brings demonstrated success in finance, operations, M&A, strategic alliance negotiations, debt and equity financings, and private, public and IPO financings for growth and turnaround companies. As CFO of AE Polysilicon Corporation, he most recently worked with the Department of Energy to negotiate a significant loan guarantee. He previously managed the cash portfolio and worldwide cash flows for Bristol-Myers Squibb.

“We will immediately begin strengthening relationships with building owners and operators who need to realize substantial energy savings quickly, whether in retrofits and renovations, or new construction,” said Astary. “From a technology perspective, LUMEnergi's products and systems bring a simple and intelligent solution to an underserved portion of the market, specifically, the enormous number of existing buildings that can be immediately made more energy-efficient and prepared for the future of energy management and demand response with the Smart Grid.”

“The innovation and engineering excellence of LUMEnergi's product line means that NetLight has the flexibility to handle the needs of the future, while delivering superior energy-efficiency and lighting quality results today,” said Minton. “NetLight's modern open protocol supports traditional and emerging light sources, enabling robust 2-way network communications enhancing performance, and providing for simple installation and wiring into existing lighting infrastructure. By anticipating future improvements in building energy management technologies, LUMEnergi is in a unique position to provide the best lighting controls solution for a wide range of commercial and industrial applications.”

“We believe LUMEnergi is a company with significant untapped potential, and with a completed team that has deep roots and relationships in lighting and technology, we have the opportunity to maximize that potential,” said Savadelis.

These new appointments will join LUMEnergi co-founder, CTO and Chairman C.R. “Steve” Stevens, Senior VP Engineering & Production, Albert Lam and co-founder Bill Alling in rounding out the Company’s Management Team

For more information call 866-921-4652, visit LUMEnergi on the web; connect with us on Twitter and like us on Facebook.

About LUMEnergi

LUMEnergi is changing the paradigm for energy controls. Our NetLight components are intelligent, flexible and scalable for a cost effective strategy for achieving up to 70% reduction in lighting energy usage targeting commercial and industrial facilities ranging from office towers to a national network of retail stores. LUMEnergi, a privately held, venture-funded company based in Newark, California, is one of Silicon Valley’s brightest emerging companies.