What's Happening?
Palmetto, a leading consumer energy platform in the United States, has announced the appointment of Liz Coddington as its new Chief Financial Officer, effective March 30, 2026. Coddington joins Palmetto after serving as the CFO of Peloton Interactive, where she played a crucial role in the company's financial operations during a transformative period. With over 20 years of experience in financial planning and operational finance, Coddington has held significant roles at Amazon Web Services, Walmart.com, Adara, and Netflix. Her educational background includes a Bachelor of Science in Chemical Engineering from MIT and an MBA from the University of North Carolina at Chapel Hill. At Palmetto, Coddington will focus on scaling the company's operations in the clean
energy market, aiming to make energy solutions more affordable and accessible for American families.
Why It's Important?
The appointment of Liz Coddington as CFO is a strategic move for Palmetto as it seeks to expand its footprint in the clean energy sector. Her extensive experience in managing financial operations for technology-driven companies positions her well to support Palmetto's mission of providing affordable and reliable energy solutions. This development is significant as it comes at a time when energy costs are rising, and there is a growing demand for sustainable energy solutions. By enhancing its financial leadership, Palmetto aims to strengthen its market position and drive the transition to clean energy, which could have a substantial impact on reducing utility costs and increasing energy independence for American households.
What's Next?
As Liz Coddington assumes her role at Palmetto, the company is expected to continue its efforts to scale its operations and expand its market reach. This includes enhancing its digital-first marketplace that connects homeowners with clean energy partners and financing solutions. The focus will likely be on increasing consumer access to solar, storage, HVAC, backup power, and energy-efficient appliances. Palmetto's ongoing initiatives, such as the 'Get Solar, Give Solar' program, which supports renewable energy access for underserved communities, are also expected to gain momentum under Coddington's financial leadership. Stakeholders will be watching how Palmetto leverages Coddington's expertise to navigate the challenges and opportunities in the evolving energy landscape.
