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Saturday, Apr 13, 2024

Capstone Green Energy Appoints Controller

Capstone Green Energy Corp. announced the appointment of Celia Fanning as the company’s chief accounting officer and controller.

In that role, Fanning will be the principal accounting officer for the Van Nuys microturbine and green energy products manufacturer.

“I’ve been impressed by the innovation behind Capstone’s technology and the team’s dedication to improving their global customers’ power needs and reducing the impact on the environment, all while saving them money,” Fanning said in a statement.

Darren Jamison, chief executive of the San Fernando Valley company, said that Fanning brings more than 20 years of finance experience and strong financial acumen to the Capstone team.

“With a solid executive style, Celia will be instrumental in quickly implementing improvements across our accounting and reporting processes,” Jamison said in a statement. “We look forward to her participation in our organization’s transformation at this important time.”

Prior to joining Capstone, Fanning was vice president of finance & accounting at Groundwork Coffee Holdings LLC in North Hollywood; served as vice president of finance at Spencer N. Enterprises Inc. in City of Industry; and was employed by JAKKS Pacific Inc. in Santa Monica as Vice President, Corporate Controller.

The announcement of Fanning’s appointment was made on Friday. On Monday, shares in Capstone Green Energy (CGRN) closed up 3 cents, or just about 1.7%, to $1.80 on the Nasdaq, on a day when that market closed up nearly 2.3%.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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