Vivint Solar, a residential solar integrator, announced the appointment of Greg Butterfiled as the company’s chief executive officer.
Prior to joining Vivint Solar, Butterfield was a managing partner at SageCreek Partners, a technology investment firm.
Butterfield has also served as chairman and CEO of Altiris. During his tenure at Altiris, Butterfield led the company to eight consecutive years of revenue growth and profitability, growing annual revenues from $3 million to $339 million.
Altiris was acquired by Symantec Corporation in 2007 and Butterfield continued to lead as group president of server and storage management at Symantec.
The appointment comes as Vivint Solar is preparing to expand its offerings to new markets and strengthen their technology and team.
“This is a critical expansion period for Vivint Solar and we welcome Greg’s record of consistent, annual revenue growth and profitability at both private and public technology companies,” said Todd Pedersen, founder and CEO of Vivint. “His expertise will help widen our customer reach and further develop our technology and team.”
Vivint Solar is the second largest U.S. residential solar installer, according to the U.S. PV Leaderboard published by GTM Research. Vivint Solar designs, installs, monitors, and services the system with no additional out-of-pocket costs to the homeowner. The company then sells solar power to homeowners under a power purchase agreement.
“Vivint Solar has built an outstanding business proposition onto an already successful operating structure that is igniting residential solar energy adoption across the United States,” said Butterfield. “I am honored to join this entrepreneurial, motivated team and elevate the Vivint brand further.”
Vivint Solar currently operates in California, Hawaii,