Energous Names Mallorie Burak as Chief Executive Officer
Energous Corporation, a trailblazer in scalable wireless power networks, proudly announces the appointment of Mallorie Burak as its new Chief Executive Officer. This leadership shift, effective immediately, is anticipated to yield significant innovations and growth for the company. Burak, who will also retain her role as Chief Financial Officer, holds an impressive track record in executive leadership. Her experience is expected to strengthen Energous, enhancing its strategy and direction in the wireless power industry.
Exceptional Leadership and Experience
Joining Energous as the Chief Financial Officer at the start of 2024, Burak brought nearly two decades of experience encompassing diverse industries—from emerging start-ups to established multinational firms. Her unique insights into financial revitalization and corporate strategy will play a crucial role in steering Energous through its next phase of development. Burak’s prior appointments in various sectors provide her with a broad perspective that is essential in today’s competitive landscape.
Strategic Vision for Growth
David Roberson, Chairman of the Board at Energous, expressed confidence in Burak's abilities: "Mallorie's extensive experience will be integral in propelling our company forward. Her prior leadership as CFO and interim CEO showcases her strategic vision as we focus on stabilizing and expanding Energous." This sentiment reflects a strong belief in her capacity to lead the company toward achieving its ambitious objectives.
A Pivotal Opportunity
In Burak's own words, she stated, "I’m honored to officially transition to the role of CEO while continually fulfilling my duties as CFO. This dual role will enable us to focus on our mission effectively and sustainably, especially at this crucial juncture. With significant growth opportunities ahead, we are well positioned to meet the rising market demand for innovative wireless power solutions, which facilitate enhanced supply chain management and smart inventory tracking." Such aggressive aspirations highlight Energous's commitment to technology advancement and customer satisfaction.
Burak's Background and Qualifications
With a distinguished career prior to her time at Energous, Burak served as President and Chief Financial Officer at Knightscope, Inc., a leading public safety technology firm. Additionally, her experience includes functioning as Chief Financial Officer for ThinFilm Electronics ASA and Alta Devices, Inc., as well as holding executive roles at FriendFinder Networks and Southwall Technologies. Holding both a Bachelor’s and a Master’s degree from San Jose State University, Burak’s academic credentials complement her professional accomplishments.
About Energous Wireless Power Solutions
Energous Corporation, operating as Energous Wireless Power Solutions, is at the forefront of pioneering OTA wireless power networks. These groundbreaking technologies offer unprecedented visibility, control, and automation for businesses across various sectors. Energous’s power solutions are aiming at creating a transformational wave in device management, including retail sensors and advanced inventory management systems. The company’s innovative approach can significantly reduce reliance on battery-operated devices, leading to cost-effective and sustainable operational methods.
Frequently Asked Questions
What recent change did Energous Corporation announce?
Energous has appointed Mallorie Burak as the new Chief Executive Officer, effective immediately.
What is Mallorie Burak's previous experience?
Burak has extensive executive experience, having served as CFO at several firms, and held leadership roles across various industries.
How will Burak's role as CEO and CFO benefit Energous?
Her dual role is expected to streamline decision-making processes and foster innovative strategies for growth.
What is the core business of Energous?
Energous specializes in scalable OTA wireless power networks, aimed at facilitating battery-free device management and smart automation.
Why is Burak's appointment significant for Energous?
Her experience and leadership skills are seen as pivotal for navigating the company's growth and innovation journey in the competitive market.
