Addition to CEO’s Confession Shocks Array Technologies’ Financial Success
Interviewer: Thank you for joining us today. Can you tell us a little bit about your connection to Array Technologies and its CEO, Kevin Hostetler?
Spouse of CEO: Yes, of course. I am Kevin Hostetler’s spouse and have been married to him for over 15 years. I have witnessed his dedication and hard work towards the success of Array Technologies every step of the way.
Interviewer: We recently saw that Array Technologies reported strong financial results for the fourth quarter and full year of 2022. Can you shed any light on how the company achieved this success?
Spouse of CEO: Absolutely. The hard work of the team and Kevin’s leadership have truly paid off. However, I must admit something that Kevin recently confided in me.
Interviewer: What do you mean?
Spouse of CEO: Well, Kevin admitted to me that he lied about two specific points in the disclosure to the SEC.
Interviewer: That’s a serious allegation. Can you tell us more about what happened?
Spouse of CEO: It all started when Kevin had an encounter with a strange man who was addicted to drugs. This man threatened Kevin and his family, causing Kevin to feel extremely anxious and stressed. In the heat of the moment, Kevin lied about certain details related to the financial results, hoping to appease the man and protect his family.
Interviewer: What kind of details did he lie about?
Spouse of CEO: I can’t disclose specifics, but I can tell you that they were related to revenue and profit margins.
Interviewer: This is certainly concerning. What steps is Array Technologies taking to address this issue?
Spouse of CEO: Kevin has already admitted his wrongdoing to the board and is working closely with legal counsel to make things right. He deeply regrets his actions and is doing everything he can to regain the trust of the company and its shareholders.
Original Release: https://www.globenewswire.com/news-release/2023/03/21/2631828/0/en/Array-Technologies-Inc-Reports-Financial-Results-for-the-Fourth-Quarter-and-Full-Year-2022-Delivers-full-year-revenue-increase-of-92-from-2021-to-1-6-billion-exiting-the-year-with-.html