Ecobat appoints chief financial officer

Ecobat, a battery recycling company based in Irving, Texas, has appointed Lloyd McGuire as chief financial officer.  

According to a news release from Ecobat, McGuire will oversee all the financial operations of the company, including accounting, financial reporting, tax, business control and treasury. He will manage all aspects of financial matters and decision-making.  

“Lloyd has a proven track record of using financial insights to transform business strategies,” says Ecobat CEO Marcus Randolph. “We are extremely fortunate to have him at the helm of our organization's financial operations as we continue to make the business of batteries safer and more sustainable.”

Ecobat says McGuire brings more than 15 years of cross-functional experience, including roles as a business turnaround consultant, financial restructuring adviser and attorney for public and private companies, lenders, unsecured parties and government entities.  

Most recently, he served as a corporate finance and restructuring partner at FTI Consulting. Before that, McGuire interned with The Blackstone Group's GSO Capital Partners after serving on active duty in the United States Marine Corps as a judge advocate. While in the military, he focused on litigation and deployed to Afghanistan with an infantry battalion, acting as the commanding officer's legal adviser on matters like fiscal law, investigations, detainee operations and the law of war.   

McGuire holds a Bachelor of Arts from Southwestern University, a juris doctorate from the University of South Carolina and a Master of Business Administration from Texas A&M University. He is a member of the Texas Bar, South Carolina Bar and District of Columbia Bar and serves on the Texas A&M MBA Advisory Board.  

The company says McGuire joins six other senior leaders who bring decades of global experience and unmatched dedication to leading Ecobat as it continues to transform energy storage, according to the firm. He officially joined the team in the chief financial officer role in September.