Protection 1 Appoints Top Executive for Brite Energy

Simi Gupta will be responsible for building a new finance and accounting organization for P1’s recently formed solar energy company.

CHICAGO – Protection 1 has hired Simi Gupta as its new chief accounting officer for Brite Energy, the company’s recently formed solar energy division.

In addition to building and leading the new finance and accounting team, Gupta will manage all aspects of general accounting with overall responsibility for SEC reporting, accounting and external audit compliance functions. She will also be responsible for financial reporting that adheres to GAAP, SEC reporting and Sarbanes Oxley compliance requirements.

Gupta has more than 23 years of finance and accounting experience. Prior to joining Protection 1, she was controller for Propel Fuels, a leader in clean technology offering alternatives to conventional energy with renewable fuels. She also held the position of director of accounting at Tesla Motors where she helped manage the company’s initial public offering (IPO) process while overseeing the opening of new Tesla locations in the United States and worldwide.

“Simi has a great background in start-up environments as well as preparing companies for [IPOs],” says Dan Bresingham, executive vice president and CFO, Protection 1. “She will bring her diverse finance and accounting skills to Brite Energy to build a world-class company supported by a world-class finance department.”

Gupta is a certified public account (CPA) and holds a Master of Business Administration in Finance from the University of Dallas and a Bachelor of Commerce in Accounting from the University of Bombay, India. 

“My experience in building new accounting teams, managing IPO processes and developing forecast models will help Brite Energy as it grows its footprint across the nation,” says Gupta. “I am excited to join the Protection 1 team because of the people and their dedication to growing the clean energy industry and providing valuable services to their customers.”

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