Fluence Energy, Inc. announced that Manavendra (Manu) Sial will succeed Dennis Fehr as Senior Vice President of the Company, effective mid-September. Mr. Fehr will continue to provide his guidance to the Company as a non-executive employee until his departure from the Company on October 15, 2022. Over the last four years, Mr. Sial has served as Executive Vice President and Chief Financial Officer for SunPower Corporation, where he led SunPower's treasury, project finance, investor relations, financial planning, and accounting organizations.

Mr. Sial will remain available to ensure a smooth transition at SunPower through September 14, 2022. Prior to joining SunPower, Mr. Sial served as Executive Vice President and Chief Financial Officer of VECTRA, which was a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC, from 2015 through 2018. Prior to his employment with VECTRA, Mr. Sial held various global finance and operations leadership roles with SunEdison Inc. from 2011 to 2015, including serving as Senior Vice President, Finance in 2015 and Chief Operating Officer, Asia Pacific and South Africa from 2013 through 2014.

Before joining SunEdison Inc., Mr. Sial spent 11 years with General Electric (GE) in a variety of roles. Mr. Sial earned his MBA from Duke University's Fuqua School of Business and his Bachelor of Commerce from Delhi University in India.