Former SolarCity CFO Joins Mosaic’s Board of Directors

Board of Directors hire

Mosaic, a prominent residential solar financing platform, announced that Robert D. Kelly will be joining its Board of Directors. Kelly recently retired as SolarCity’s chief financial officer.

“Bob has unparalleled solar finance experience, including bringing SolarCity public and achieving the solar industry’s first securitization,” said Billy Parish, CEO of Mosaic. “His accomplishments have accelerated the growth and adoption of solar nationwide.”

“I’m thrilled to be joining Mosaic’s board of directors; the company is a leader in the residential solar finance space, offering the best loan products and a proven technology platform. I look forward working with Mosaic to help guide their successful expansion,” Kelly said.

Kelly successfully led SolarCity (SCTY) through its 2012 initial public offering. He has held a variety of senior financial management roles in the energy field. Prior to SolarCity, Kelly served chief financial officer of Calera, a clean technology company focused on reducing carbon dioxide (CO²) emissions by converting CO2 into useful materials. Earlier, at independent power producer Calpine (CPN), Bob was chief financial officer and executive vice president, managing that company’s IPO. Kelly was instrumental in growing Calpine’s electricity generation capacity from 1 megawatt (MW) to more than 25,000 MW.

Kelly joins current Mosaic board members Tom Dinwoodie and Lisa Gansky.

Mosaic has been honored by Fast Company as a top 10 most innovative company in energy for two consecutive years, by the Department of Energy as a SunShot award recipient, The Sierra Club as the Trailblazer Company of the year, and Verizon Wireless as the environmental winner for their Powerful Answers Awards.

— Solar Builder magazine

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