Highly experienced finance professional Jen Betz supports large-scale roll-out of Element Energy’s Adaptive Battery Management technology
MENLO PARK, CA – March 7, 2023 – Element Energy (“Element”), a Menlo Park-based advanced battery management technology company, today announced that Jen Betz has joined the company as Chief Financial Officer. With over two decades of experience, Betz will lead the company’s strategic financial planning and support the commercialization of Element’s Adaptive Battery Management technology.
Betz joins Element from Analog Devices (Nasdaq: ADI), a global semiconductor leader, where she was Vice President of Accounting. Betz grew her career over two decades at Maxim Integrated, a publicly traded, global corporation with gross revenues exceeding $2.4 billion. She started at the company as a financial analyst and rose to become Managing Director, Manufacturing Finance and later Corporate Controller and Vice President of Accounting. As Corporate Controller and Vice President of Accounting, Betz led a global staff of more than 100 finance professionals responsible for all regulatory, compliance and accounting functions. Maxim was acquired by Analog Devices in 2021. In 2019, Betz was profiled in Silicon Valley Business Journal as a Woman of Influence and in 2014, Betz was recognized in the same publication’s top 40 Under 40 list.
Dr. Tony Stratakos, CEO and Co-Founder, Element Energy, said, “Jen is a strategic and highly regarded leader and her vast experience scaling businesses will be critical as Element begins deploying our Adaptive BMS this year to provide advanced energy storage solutions to the electric grid. I also look forward to working with Jen again as we apply technology refined in the semiconductor industry to make grid-connected batteries safer, longer lasting and more efficient.”
In December 2022, Element Energy announced it has raised $28M in an initial close of its Series B round. This year, Element Energy will begin deploying 2.5 GWh of secured EV batteries to the electric grid.
Jen Betz, CFO, Element Energy, added, “Element Energy’s technology will significantly accelerate the adoption of affordable clean energy and clean transportation while helping to enable the battery circular economy. I’m thrilled to join the company at an exciting inflection point in its growth profile.”
About Element Energy
Element Energy is an advanced battery management technology company founded in 2019 and headquartered in Menlo Park, California. We utilize proprietary hardware and software algorithms to improve the safety, intelligence, and economics of large-format battery systems. We seek to offer our technology solutions broadly across first and second-life energy storage and EV applications. Our shareholder base includes world-renowned renewable energy technology suppliers, asset owners, developers and investors. To learn more about Element Energy, visit ElementEnergy.com.
Ally Copple, Innovant Public Relations