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APPOINTMENTS
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FlexEnergy appoints new executive

Jay Mitchell is the green energy firm’s new president and COO

by Caitlin AdamsPublished: February 17, 2012 08:30 AM

The board of directors at FlexEnergy has appointed Jay Mitchell as the company’s new president and chief operating officer. The Irvine-based clean energy operator and 2011 OC METRO Green Team honoree designs and manufactures processing systems that produce energy from waste gases. Its two flagship products are the Flex Turbine and Flex Powerstation.

"Jay Mitchell brings an abundance of knowledge and experience in the energy industry to our team to support our continued expansion in the marketplace," said Joe Perry, FlexEnergy CEO. "Jay has a wealth of experience, from co-founder of a startup equipment business to a C-Level executive of [New York Stock Exchange]-listed energy equipment manufacturers. We are tremendously looking forward to working with him."

Mitchell’s proven capability at raising corporate capital from third parties has benefited both small startups and high-level corporations. He has raised almost $1 billion for various companies over the course of his career. His background also includes experience in manufacturing operations and a track record of success in developing improvements in manufacturing processes.

Mitchell said that he was looking forward to joining the company during a period of growth.

"I am pleased to be part of FlexEnergy as we transition from startup to high growth," Mitchell said. "I'm looking forward to working with the team during this exciting time as we expand in the marketplace and address the rapidly evolving energy needs."

Prior to joining FlexEnergy, Mitchell served as senior vice president and CFO for T-3 Energy Services in Texas, a manufacturer of blowout preventers for the oil- and gas-drilling industries, where he oversaw a period of product expansion, increased market share and helped grow profits. Before that, Mitchell held the post of CFO at Latin American Land and E&P services of Pride International. He also recently raised nearly $30 million for an energy equipment company, which he also co-founded.


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