Vivint Solar’s current CEO, Greg Butterfield, is stepping down from his role. The company has appointed David Bywater as the successor on an interim basis and will begin a search for a permanent CEO.
Bywater works at Vivint Smart Home as Chief Operation Officer since 2013. In his previous role, Bywater was responsible for customer operations, human resources, field service and supply chain management.
"We are pleased to have David join Vivint Solar as we move into our next stage of growth," said Peter Wallace, Chairman of the Board. "David is a seasoned executive and a proven operator with more than 20 years of experience consulting and running some of the most innovative and dynamic companies in the world. He has been instrumental in managing the rapid growth at Vivint Smart Home while also improving operations and profitability. We feel strongly that he is well positioned to help guide Vivint Solar forward."
"On behalf of the entire Board, I'd like to thank Greg for his many contributions," added Mr. Wallace. "He helped to build Vivint Solar into a leader in the solar industry and established the foundation for continued success."