Kailo Energy of Lindon, a subsidiary of Global Unicorn Holdings, has promoted its president to CEO. Ryan D. Shepherd will replace Vaughn R. Cook and will immediately assume the day-to-day operations and executive duties. Cook will retain his role as chairman of the board for Kailo Energy and will refocus his efforts as CEO and chairman of Global Unicorn, the company said in a press statement last week.
“Ryan is incredibly competent and has been the driving force in developing Kailo clean energy products,” said Cook. “He has proven his leadership ability and I am confident that Kailo will experience amazing growth in sales, while continuing to develop new and exciting opportunities in the clean energy space.”
Kailo Energy is still in its startup stage and is preparing to ship its first product, the PowerBox portable home battery backup system.
“Fulfilling the first orders for the new PowerBox is a significant milestone that represents many months of product development, supply channel development and manufacturing preparation to make sure that the product meets Kailo’s high standard of quality,” the company’s release said.
“Dr. Cook’s leadership has propelled Kailo through the development process and we will continue to build on the foundation he has established,” said Shepherd. “We have a great product that I believe will significantly improve the lives of our customers.”