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Posted 11 January, 2022

ENERGY FOCUS, INC/DE appointed Stephen Socolof as new CEO

Nasdaq:EFOI appointed new Chief Executive Officer Stephen Socolof in a 8-K filed on 11 January, 2022.


  On January 11, 2022, Energy Focus, Inc. (the "Company") announced that its Board of Directors (the "Board") had appointed Stephen Socolof, the Company's Lead Independent Director, to serve as Interim Chief Executive Officer, replacing James Tu, the former Chief Executive Officer of the Company, on January 11, 2022.  

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Overview of ENERGY FOCUS, INC/DE
Industrial Goods • Industrial Electronics
Energy Focus, Inc. engages in the design, development, manufacture, and marketing of lighting systems and controls. The company was founded in 1985 and is headquartered in Solon, OH.
Market Cap
$6.36M
View Company Details
ENERGY FOCUS, INC/DE by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On January 11, 2022, Energy Focus, Inc. (the "Company") announced that its Board of Directors (the "Board") had appointed Stephen Socolof, the Company's Lead Independent Director, to serve as Interim Chief Executive Officer, replacing James Tu, the former Chief Executive Officer of the Company, on January 11, 2022.

Mr. Socolof, age 61, has served as a member of the Company's Board since May 2019, and as the Company's Lead Independent Director since September 2019. Mr. Socolof has been Managing Partner of Tech Council Ventures, an early-stage venture capital firm, since 2018 and remains a Managing Partner of New Venture Partners, a venture capital firm that he co-founded in 2001. Previously, Mr. Socolof worked at Lucent Technologies, Inc. from 1996 to 2001 where he established Lucent's New Ventures Group. Before joining Lucent, Mr. Socolof spent eight years with Booz, Allen & Hamilton Inc., where he was a leader of the firm's innovation consulting practice. Mr. Socolof was previously a director of Everspin Technologies Inc., which is a semiconductor and electronics technology company listed on the Nasdaq Global Market. He is also currently a director on the boards of ChoiceWORX and SunRay Scientific and an observer on the boards of Adrich, Kintra Fibers, and Vydia Inc.