Friday, ZBB Energy announced that Tony Siebert has been appointed as the company's Vice President of Sales and Product Marketing. Mr. Siebert will assume full responsibility of the coordination of ZBB's sales and product marketing strategy.
In connection with his appointment, Mr. Siebert was awarded inducement options to purchase a total of 200,000 shares of ZBB's common stock. 50,000 of these options will vest based on the achievement of certain performance targets; the remaining 150,000 of these options will vest over three years.
Eric C. Apfelbach, President and CEO of ZBB Energy, remarked, "We welcome Tony to our growing team. Tony's energetic sales approach and marketing experience bring the exact talents we need to grow our product sales as we move into broader commercialization. He has a proven track record of building worldwide teams that can increase sales and maintain focus on providing solutions that exceed customer expectations."
Mr. Siebert has over 20 years of experience in sales and engineering in the utility and industrial industries. He has served as Managing Director of Grid Sales for American Superconductor Corporation (AMSC) where he was responsible for the management of sales of its grid products worldwide. He was also the Director of the FACTS and DVAR businesses where he was responsible for grid sales, business/product development, engineering prioritization, and coordination of project management.
Prior AMSC, Mr. Siebert held senior sales, business development, and engineering roles at ABB Power Electronics Division. Mr. Siebert graduated from Milwaukee School of Engineering with a Bachelor of Science degree in Electrical Engineering Technology.
"ZBB has the right products to provide the best solutions for a growing global infrastructure problem," said Tony Siebert. "I look forward to leading the worldwide sales team and helping ZBB dramatically increase sales and backlog to meet and exceed the Company's goals."
For more information, visit www.zbbenergy.com
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