Acorn Energy, Inc. says that its Board of Directors has appointed Jan Loeb the Chief Executive Officer of Acorn Energy. Mr. Loeb, who has served as a director of the Company since August 2015, succeeds John Moore, who has served as President and CEO of the Company since 2006. Mr. Moore is departing as President and CEO to pursue his entrepreneurial interests.

Commenting on the management change, John Moore, the outgoing CEO of Acorn, stated, During my ten-year tenure at Acorn we had both huge successes and more recently, the disappointing failure of US Seismic in the face of overwhelming headwinds from the free fall in the energy market.

Tags: Acorn Energy, Inc.