Jeffery Tolnar is the President of Shoals Technologies Group, where he took on the role in December 2022 after serving as Senior Vice President of Electric Vehicle Solutions since 2021. He has a wealth of experience spanning over 30 years...
Jeffery Tolnar is the President of Shoals Technologies Group, where he took on the role in December 2022 after serving as Senior Vice President of Electric Vehicle Solutions since 2021. He has a wealth of experience spanning over 30 years across various industries, including electric vehicles, telecommunications, and energy. Before joining Shoals, he was the Chief Commercial Officer at Greenlots, a company focused on EV charging solutions that was acquired by Shell. His management skills are backed by degrees in Electrical and Electronics Engineering and an MBA from Baker University. In 2023, he briefly served as interim CEO, bringing stability while navigating through the transition. Tolnar received a total compensation of $2,217,300 in 2023, which includes a salary of $490,000 and bonuses tied to performance. His insights led to significant fluctuations in his company’s stock, with his holdings showing a dramatic change throughout 2023, reaching as high as $1.93 million in January and gradually declining by year’s end. Tolnar is positioned to guide Shoals as it continues to grow and adapt in a competitive market.