Redwood Materials loses COO amid layoffs, restructuring
The company confirmed Lister’s departure to TechCrunch on Thursday. “We wish him the best in his retirement,” a spokesperson said via email.
Those cuts were part of a restructuring that Straubel told employees about in an email viewed by TechCrunch earlier this week.
He said the shuffle will help support the company’s growing energy storage business.
Redwood has recently signed deals with automaker Rivian and artificial intelligence company Crusoe to provide refurbished batteries that can be used as grid storage. Other executives have left Redwood in recent months, too.
Guillermo Urquiza, Redwood’s vice president of mechanical engineering — and another former Tesla employee — left in March.
Mayhew, Urquiza, and Lozano didn’t respond to requests for comment. Redwood declined to specifically comment on their departures, but noted that Straubel said in his all-staff email that he is trying to reduce layers of management at the company.
“We have successfully adapted to changes in the market that have bankrupted many of our competitors
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