T1 Energy appoints Jaime Eduardo Gualy as chief operating officer

T1 Energy Inc. (NYSE:TE) has appointed Jaime Eduardo Gualy as chief operating officer, effective August 15. The announcement was disclosed in a press release statement filed with the Securities and Exchange Commission. According to InvestingPro data, the company, currently valued at $286 million, appears undervalued based on its Fair Value analysis.

According to the filing, Mr. Gualy previously served as executive vice president of corporate development at T1 Energy since January. On August 31, T1 Energy and Mr. Gualy amended his employment offer letter in connection with his new role as COO. The appointment comes as the company projects significant revenue growth, with analysts forecasting a 302% increase for fiscal year 2025.

Under the amended agreement, Mr. Gualy will receive an annual base salary of $500,000. In addition to a prior grant of 275,000 restricted stock units (RSUs), subject to board approval, he will be granted a one-time award of 100,000 RSUs. The new RSUs will vest in equal portions over three years, provided Mr. Gualy remains employed with the company on each vesting date. For detailed analysis of executive compensation and company financials, access the comprehensive Pro Research Report available on InvestingPro.

Mr. Gualy will also be eligible for annual equity awards under T1 Energy’s 2021 Equity Incentive Plan, or any future equity plan adopted by the company. If his employment is terminated within 12 months following a change in control, any unvested RSUs from the sign-on grant will fully vest, and he will be eligible for severance as outlined in his offer letter.

T1 Energy, formerly known as FREYR Battery, Inc., is based in Austin, Texas. The company’s common stock and warrants trade on the New York Stock Exchange under the symbols NYSE:TE and NYSE:TE WS, respectively.

All information in this article is based on a press release statement filed with the SEC.

In other recent news, T1 Energy announced its Q2 2025 earnings results, revealing a shortfall in EBITDA expectations. Despite this financial miss, the company has maintained its guidance for the year, indicating confidence in its future performance. T1 Energy is actively pursuing growth through the development of its G2 Austin solar cell manufacturing facility. This move is part of the company’s broader strategy to expand production capabilities and secure strategic partnerships, positioning itself as a leader in domestic solar and storage. These developments underscore T1 Energy’s commitment to growth and innovation in the renewable energy sector. Investors may find the company’s continued focus on expansion and partnerships noteworthy. These recent developments highlight T1 Energy’s efforts to strengthen its market position amidst evolving industry dynamics.

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