Networked Energy Services Announces David Thomson as New CEO

 NES’s selects proven leader with extensive industry experience and knowledge to lead company in the exciting evolution of the energy industry

San Jose, CA, April 11, 2018 : Networked Energy Services Corporation (NES), a global smart grid solution provider with the industry’s leading Energy Applications Platform (EAPTM), announced today the appointment of David Thomson as its new Chief Executive Officer. This announcement follows a comprehensive search process to find a new CEO to lead the company in its continued commitment to be a recognized leader in the evolving energy industry. 

David Thomson, who is based in Europe, has many years of leadership experience within the Energy sector, and within Smart Metering, previously leading the European sales organization of Honeywell Smart Energy, and holding the position of MD of Honeywell Smart Energy UK. He spent 11 years with the Elster Group, and was part of the senior team responsible for its sale to Honeywell. Prior to this, he ran a global non-utility electricity metering business within Invensys plc, and has held leadership positions within the Automotive and Logistics industries. David holds a Bachelor of Science degree from Loughborough University, and started his career qualifying as a Chartered Management Accountant in the UK within the Energy sector.

“I am honored for this opportunity to lead NES, which has a great reputation for high quality, secure, interoperable standards based solutions. Our strategic Patagonia EAP, with its focus on applications and analytics integrated into a flexible framework, is unique within the market,” said David Thomson, new CEO of NES. “As our customers widen their business aspirations to include energy efficiency, energy sustainability and their own cost efficiencies, they will depend more on a smart metering partner like NES. I am excited about joining the NES family, and helping NES customers and the wider smart grid industry realize these benefits.”

“Over the last few years, NES has further advanced its customer base, geographical coverage and solution capabilities, and our value-proposition is distinctly proven around the world”, says Ghaith Madi, Board Chairman. “David’s broad experience in the industry will help us build on our achievements and successes and play an even more pivotal role as the industry transitions towards distributed micro-generation and smarter cities.”

Michael Anderson, who is stepping down as NES CEO and President but will continue to have advisory involvement in the wider business, expressed confidence in the addition of David Thomson. “David is an outstanding selection with proven experience in the industry. I am very pleased with the board’s decision and I am confident that he will be successful in leading the company in this exciting and growing industry.”

About Networked Energy Services Corporation (NES)

Networked Energy Services Corporation is a global smart energy leader in the worldwide transformation of the electricity grid into an energy control network, enabling utilities to provide their customers with a more efficient and reliable service, to protect their systems from current and emerging cybersecurity threats, and to offer innovative new services that enable active, intelligent use of energy. NES was formed as a result of the spinoff of Echelon Corporation’s Grid Modernization Division in October 2014. NES is headquartered in the US with R&D centers located in Silicon Valley, North Dakota and Poland, and sales offices throughout the world. NES’ smart grid technology is used in nearly 40 million smart meters and other smart end devices around the world. NES is a member of the OSGP Alliance, a global association of utilities and smart grid companies, which promotes the Open Smart Grid Protocol and cooperates to provide utilities greater value by enabling true, independently-certified, multi-vendor interoperability based upon open international specifications and standards.  You can find out more information about NES, its Patagonia Energy Applications Platform^TM (including grid management software, distributed control nodes, and smart meters) and services at: www.networkedenergy.com.