Powin Energy Appoints Jeffrey Grumbling as President and CEO


Powin Energy Appoints Jeffrey Grumbling as President and CEO

TUALATIN, Ore.--(BUSINESS WIRE)-- Powin Energy, a wholly owned subsidiary of Powin Corporation (OTCQB: PWON), announced today it has appointed Jeffrey Grumbling as the company's President and Chief Executive Officer. Mr. Grumbling will lead Powin Energy's efforts to bring its new battery and energy storage technologies to large scale commercial production and distribution.

"Jeffrey has the perfect blend of manufacturing and leadership skills to help us capitalize on our recent investments in energy storage and electric vehicle technology," said Joseph Lu, Chairman and CEO of the Powin Corporation. "The local and global markets for renewable energy are enormous. We are confident that Jeffrey can lead us into full-scale commercialization, so that we can meet our goals for growth and profitability."

Mr. Grumbling has more than 25 years' experience building and leading retail and manufacturing operations throughout the United States. He is recognized as a subject matter expert on facilitating process change, and is certified in Six Sigma and Lean Manufacturing methodologies from Villanova University.

"My commitment at Powin Energy is to produce extremely high quality, reliable products at reasonable costs," said Jeffrey Grumbling. "This is an exciting time for Powin Energy, and I am very pleased to be leading the company as it begins full-scale commercialization of its innovative, clean energy products."

Before joining Powin Energy, Mr. Grumbling was Senior Vice President of Business Development with PEI Manufacturing of Portland, where he was responsible for new sales growth primarily to the optical industry. Prior to PEI, Mr. Grumbling spent seven years working for Carl Zeiss Vision, where he was Senior Director of Operations. His responsibilities accounted for nearly one half of all U.S. production.

Mr. Grumbling also spent more than a decade with Wal-Mart, excelling in multiple roles including Lab Director for Wal-Mart's Optical Laboratory network, and Senior Division Manager for Manufacturing and Logistics. Under his leadership, the Wal-Mart optical lab network became one of the largest suppliers of optical eyewear in the United States.

About Powin Energy

Powin Energy (www.powinenergy.com) manufactures and distributes renewable energy products, including wind and solar energy products, and a fully scalable line of Energy Storage Solutions, from personal use to Electric Grid storage.

MAP Communications
John Mangan, 503-701-7503

KEYWORDS: United States North America Oregon


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