Awesense Inc., a leading grid data analytics company announced today the appointment of John Chase as Chief Financial Officer. John brings a wealth of experience in all aspects of financial management with 18 years serving as CFO. A member of the American Institute of Certified Public Accountants, John attained a Masters Degree in Finance from the Boston College Carroll Graduate School of Management.
John comes to Awesense from AbeBooks, an online marketplace for used books specializing in rare and out-of-print editions. As CFO, John presided over AbeBooks’ acquisition by Amazon in 2008. Prior to that, John was CFO at Power Measurement Ltd., a manufacturer of enterprise energy management hardware and software. He took Power Measurement through an acquisition by Schneider Electric in 2005.
John has direct experience with Internet retail, manufacturing, service and venture capital. As a veteran of multiple mergers & acquisitions, he does consulting for private equity firms. John’s background, both inside and outside the utility sector will support Awesense’s financial and growth strategies.
“We have grown incredibly fast in the last 2 years; our executive team has managed the financial performance of Awesense to date but John’s experience and acumen will be key to reaching the next stage,” said Mischa Steiner, CEO of Awesense. The company has tripled in size since 2014 and is aggressively expanding its capabilities in all facets of the business. “I am very happy to join Awesense’s strong leadership team and looking forward to helping drive long-term value for the company and its shareholders. The team’s innovations and accomplishments to date are remarkable,” said John.
Awesense helps electric utilities optimize their distribution grids by reducing avoidable losses due to theft, errors and inefficiency – a $100B/year problem globally. Our cloud-based analytics software and mobile IoT devices deliver the fastest, most cost-effective way to protect and recover revenue. Our customers have reduced losses by 50% in under 3 years. For more information, please contact us at firstname.lastname@example.org or www.awesense.com.