March 5, 2018
Stina Resources Ltd. today announced the appointment of Brian Ricker as President and CEO of Jet Power and Controls Ltd.
According to a press release from Stina, Ricker’s focus will be to integrate Jet Power’s technology with the Gildemeister vanadium redox flow battery (VRB) and expand operations throughout North America. Jet Power will not only continue to serve and expand its existing client base with its electrical products, but also now provide products and services for storage batteries.
“Battery storage of electricity is fast becoming one of the most important aspects of grid, micro grid, diesel replacement and green energy storage from wind and solar”, said Brian Stecyk, President and CEO of Stina.
Ricker brings over 30 years of business experience in the electrical industry, including 15 years in senior management roles. He recently left Eaton Corporation where he was responsible for managing domestic and international projects in the engineered equipment space.
“Jet Power offered me the opportunity and challenge of building a company with similar products to Eaton, but with greater upside, given the fast growing energy storage industry,” said Ricker. “I was also attracted by Stina’s vision and its goal of becoming a fully integrated producer of vanadium, vanadium electrolyte and VRBs. The equipment manufactured by Jet Power will complement the design, production and installation of Gildemeister VRBs.
“This growing industry is especially exciting given the increase in renewable energy worldwide and I am keen to have the opportunity to contribute to Jet Power’s success.”
The existing team at Jet Power is looking forward to working with Ricker.
“We feel very fortunate to have attracted someone of Brian’s reputation and caliber as the new leader of Jet Power,” said Jet co-founders David and Devon Sandford. “He brings critical experience and a track record in power management that we believe will take Stina into its next phase of high growth.”
On February 28, Stina announced that it had acquired Jet Power, a provider of custom and off-the-shelf electrical equipment and systems, providing products for over 10 years to heavy power users, pipeline companies, refineries, manufacturers, municipalities and infrastructure providers. It offers a “one-stop shop” to its customers in terms of complete turnkey engineering & electrical solutions and equipment. Its key products include electrical switchgear, motor control switchers, and solar power inverters.
(Stina Resources Ltd.)