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EnerNOC Names New CFO

Wednesday - 4/24/2013, 4:06am  ET

Boston, Mass.-based EnerNOC has a new chief financial officer.

On Tuesday, the energy "smartgrid" software maker announced that it has hired Neil Moses, until March the chief global strategy officer for Dunkin' Brands  and onetime CFO, as its new CFO.

EnerNOC CEO Tim Healy highlighted Moses' experience "beyond the CFO role" as key to the hire: "He understands how to use core business strengths to increase scale, how to employ technology to catapult an organization to a new plateau, and how to effectively manage a global financial operation. We're thrilled to bring his expertise onto the EnerNOC team," enthused Healy.

In an SEC filing that appeared concurrently with the press release, EnerNOC advised that Moses will be paid an annual base salary of $495,000, plus an annual performance-based bonus award targeting 80% of his annual base salary and 160,000 restricted shares vesting over four years.

Investors seemed pleased, bidding shares of EnerNOC up 0.8% in Tuesday trading, to close at $16.54.

This article was originally published as EnerNOC Names New CFOon Fool.com

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