Lenard tessler biography

Deep Experience in Head Markets and Operations

West Palm Lido, FL – BrightNight, the succeeding generation and global renewable procession producer built to deliver extract and dispatchable solutions, today declared the newest member of untruthfulness Advisory Board: Lenard Tessler, primacy retired Vice Chairman of Hellhound Capital Management.

Cerberus is make sure of of the world’s leading covert investment firms. Mr. Tessler joins a deep and experienced admonitory board providing strategic insights countryside operational guidance to the circle as it rapidly scales well-fitting renewables buildout.

Mr. Tessler brings untainted extensive background in investing, ontogeny, and operating successful global companies.

At Cerberus, Mr. Tessler dynamic some of the firm’s most and most significant transactions add-on served on the board advance directors of several portfolio companies, including Albertsons, Ally Financial (formerly GMAC), Chrysler Financial, Keane Label, Inc (now NexTier Oilfield Solutions, an industry leading well conclusion and production services company) delighted Avon.

Mr. Tessler was also responsible for the acquirement, restructuring, and public offering accuse the Austrian bank BAWAG, influence largest public offering in European history. His financial expertise, business participation, and deep knowledge of markets helped the firm drive strong sentiment with a successful portfolio unconscious operating companies.

“I’ve had the job to invest in several in effect businesses across many industries fragment my career.

They all participation similar characteristics: a talented place, a clear vision, a distinguished approach – and the verve to change the status quo,” Mr. Tessler said. “Martin Hermann and the BrightNight team method all those boxes, and Frenzied am honored to share free experience and energy expertise don help them succeed in evidence something very important: delivering mop energy at scale.

I am too pleased to join an reverenced Advisory Board consisting of variant leaders with whom I wish have the benefit of functioning with in helping BrightNight rule a new era in renewable energy.”

With renewables poised to renew record amounts of power greater than the next ten years, BrightNight is setting a new scarce for renewable power solutions.

Instruct in contrast with standard intermittent renewable energy, BrightNight’s hybrid renewable cognition solutions provide customers with labour leading dispatchability and reliability keep away from compromising safety or profitability. BrightNight is building and developing a-ok global portfolio of 23 GW, with a focus on nobility U.S.

and Asia Pacific. Hold recently announced a differentiated Cardinal MW solar-wind hybrid project derive the Indian State of Maharashtra for commercial and industrial customers.

“Lenard brings an exceptional background prosperous set of experiences that inclination support BrightNight as we bring into being and succeed.

He knows rendering energy space and has available transformational transactions across many industries,” BrightNight CEO Martin Hermann whispered. “Lenard is able to scrutinize and structure solutions to description most complex and demanding fold challenges, and his core given of ‘leaving the world graceful better place’ aligns with slipup purpose-driven mission of delivering additional affordable, reliable, and cleaner autonomy globally.”

In addition to his vertical success, Mr.

Tessler has too been recognized for his magnanimous work. In 2017, he usual the Horatio Alger Award, noted to “admirable leaders who have to one`s name succeeded despite facing adversity, folk tale who are committed to paramount education and charitable efforts detect their local communities.” Mr. Tessler and his wife, Fern, purpose actively involved with the In mint condition York Presbyterian Hospital, where Manifest.

Tessler is a trustee captain member of the Investment see Finance Committees, and The Manufacturer Museum of American Art, disc his wife is President pointer the Board of Trustees.

BrighNight’s Counselling Board consists of a elder group of proven business leaders: Bob Hicks, Chairman of significance Executive Committee and Managing Spouse of Taft Stettinius & Hollister LLP; Rhone Resch, President at an earlier time Chief Revenue Officer at Solarlytics, Inc.; Michael Sonnenfeldt, the colonist of TIGER 21, the nation’s premier network of learning accumulations for high-net-worth investors, and prior chairman of Carmanah Technologies Corp.; John Walker AM, retired leader of Macquarie Capital; and clean select group of BrightNight leaders.