Nextracker Inc.
Nettracker Inc. Appoints Two New Directors to its Board
Summary
On June 17, 2025, Nextracker Inc. expanded its Board of Directors from nine to eleven members with the appointments of Monica Karuturi and Mark Menezes. Monica Karuturi, former Executive Vice President and General Counsel of CenterPoint Energy, was appointed as a Class III director and will serve on the Compensation and People Committee. Mark Menezes, former President and CEO of the United States Energy Association, was appointed as a Class I director and will serve on the Nominating, Governance and Public Responsibility Committee. Both directors will receive annual cash retainers and equity grants as part of their compensation.
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About Nextracker Inc.
Nextracker Inc. is a leading company in the solar energy industry, specializing in the design and manufacturing of advanced solar tracking systems. These systems enhance the productivity of solar panels by allowing them to follow the sun's movement, thus maximizing energy capture throughout the day. Given its innovative approach, Nextracker plays a crucial role in the renewable energy sector, catering to utility-scale solar projects across the globe. By improving the efficiency and cost-effectiveness of solar energy solutions, the company significantly contributes to the broad adoption of clean energy resources. Nextracker’s offerings are pivotal in modern energy portfolios, reflecting broader market trends towards sustainable and green energy alternatives. As demand for renewable energy continues to grow, Nextracker Inc. remains integral to the global transition towards low-carbon energy solutions.
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