EnerVenue Names Steffen Pietzke as Chief Financial Officer
24 July 2024 - 6:00PM
EnerVenue, a company pioneering the commercial deployment of
high-efficiency, metal-hydrogen batteries capable of more than
30,000 cycles, today announced the appointment of Steffen Pietzke
as Chief Financial Officer. Pietzke will lead the company’s
financial activities, including business planning, forecasting, and
cash flow management.
Pietzke brings EnerVenue more than two decades of experience
guiding public and private energy technology, life sciences, and
transportation companies across the United States, Europe, and
Asia. His accomplishments include successfully managing finance
organizations during several public offerings, raising over $2
billion in proceeds.
Prior to joining EnerVenue, Pietzke served as Chief Financial
Officer of Enovix Corporation and was instrumental in transitioning
the company from a R&D entity to a publicly listed, commercial
business. Before Enovix, Pietzke was Vice President, Finance and
Chief Accounting Officer for publicly traded ALX Oncology Holdings
Inc., where he managed all facets of corporate accounting and
finance for the biotechnology firm. Pietzke’s executive financial
leadership also includes Senior Vice President, Finance, and Chief
Accounting Officer roles at pharmaceutical enterprise Tricida, Inc.
He spent the first 15 years of his career at Ernst & Young LLP
and PricewaterhouseCoopers.
“Steffen has decades of knowledge and experience guiding
companies through major financial events, including taking
companies public,” said Jorg Heinemann, CEO, EnerVenue. “His
experience, particularly in the energy sector, is exactly what
EnerVenue needs as we transition from an R&D focus to a
high-volume manufacturing organization. His expertise and
leadership will be a valuable asset to our leadership team and to
the future of EnerVenue.”
“The EnerVenue vision to support the advancement of energy
storage through its unique, next-generation batteries is what drew
me to the company,” said Pietzke. “While many companies have tried
to develop breakthrough storage solutions for our clean energy
future, few have made it as far as EnerVenue. The company is
well-positioned to ramp commercial production at scale, and I’m
excited to join EnerVenue and lead the finance organization at such
a pivotal moment. My expertise in establishing public company
infrastructure will support EnerVenue’s long-term growth as a
commercial organization and provide return to its investors.”
About EnerVenue
EnerVenue builds the industry’s most flexible energy storage
solutions for large-scale and long-duration applications. The
company’s Energy Storage Vessels are simple, durable, and exhibit
superior safety. Based on technology proven over decades under
extreme conditions, Energy Storage Vessels are virtually
maintenance-free and are designed to exceed a 30,000-cycle life.
EnerVenue solutions are redefining how energy stakeholders view
battery storage.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/432d3fe4-7df2-472f-ae5c-8004b9357a06
Contact
Kyle Peterson
Clement | Peterson
kyle@clementpeterson.com