RGS Energy Promotes Dennis Lacey to Chief Executive Officer

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Go back to RGS Energy Promotes Dennis Lacey to Chief Executive Officer

RGS Energy (RGSE) Posts Q2 Loss of 46c/Share

August 19, 2014 4:05 PM EDT

RGS Energy (Nasdaq: RGSE) reported Q2 EPS of ($0.46), which may not compare with the analyst estimate of ($0.10). Revenue for the quarter came in at $35.18 million versus the consensus estimate of $29.87 million.

Loss in the same period last year was $0.82 per diluted share.

Adjusted EBITDA was negative $6.88 million, from $13.53 million posted in Q213.

Dennis Lacey, the newly appointed CEO, stated: "Since being appointed President of our Mainland Residential segment in April, we have made progress within the Residential segment; for instance, comparing the 1st quarter to... More

RGS Energy (RGSE) CEO Mofid Resigns; Successor Named

August 19, 2014 4:02 PM EDT

RGS Energy (Nasdaq: RGSE) has appointed Dennis Lacey as chief executive officer, succeeding Kam Mofid, who has departed to pursue other interests.

Lacey formerly served as president of RGS Energy's Residential Solar Division. He brings to his new role as CEO of RGS Energy more than 25 years of executive financial management experience. Prior to joining RGS Energy in April 2014, Lacey held a number of senior executive positions at Imperial Bancorp, a $6 billion publicly-traded commercial bank best known for its high-tech lending practice, before it was acquired by Comerica. At Imperial Bancorp, he... More