Generate Capital Names Brian Lehman Chief Financial Officer, Announces Retirement of Jack Stark

SAN FRANCISCO–()–Generate Capital, PBC, a leading sustainable infrastructure investment platform and operating company, today announced that it has named Brian Lehman as Chief Financial Officer. He succeeds Jack Stark who is retiring from the CFO role and will be staying on with the company as Executive Vice President to support the transition and other strategic initiatives.

Lehman brings decades of capital markets, corporate and investment banking experience to Generate and a track record of being at the leading edge of sustainable finance. Prior to Generate, he spent over two decades at global investment banks, having acted as advisor, underwriter, principal and agent in approximately $100 billion in debt, equity and structured transactions for private and public corporations. Most recently, Brian established and led the Green Economy banking franchise at JPMorgan Chase Commercial Banking, where he focused on renewable energy, energy efficiency, sustainable food and agriculture and other sustainable finance sectors.

“Brian is a fantastic addition to our leadership team at Generate,” said Scott Jacobs, chief executive and co-founder of Generate. “Brian’s breadth of financial expertise, passion for our mission and unwavering commitment to our shared values make him an ideal business partner at an exciting time for our company.”

“I also want to thank Jack for his contributions to Generate, his wisdom, his insights and his friendship,” Jacobs added. “Jack has been incredibly important as a partner to me and as a leader for Generate these past few years. We are fortunate that Jack will continue to be a leader here at Generate for several years.”

Lehman will oversee all financial, accounting and capital markets functions at Generate. Prior to his green economy role, Lehman formed and ran JPMorgan’s Diversified Financials group and was Co-Head of Morgan Stanley’s Equity-Linked Capital Markets group. Earlier in his career he also held positions at both Bank of America Merrill Lynch and UBS. Brian earned a BS and BA from Villanova University, an MPhil from Queens’ College, Cambridge University, and his MBA at the University of Pennsylvania’s Wharton School. He is a CFA charterholder and serves as a Trustee for the New Jersey Chapter of The Nature Conservancy.

“It’s a privilege to join the talented, mission-driven team at Generate that is building the future, combating climate change, and continuing to prove that sustainability pays for all its stakeholders,” Lehman said. “The company’s leadership in sustainable infrastructure, permanent-capital platform, and commitment to its values are just a few of the reasons why I’m so excited to take on this role. I’m grateful to Jack who has built a world-class financial organization at Generate and looking forward to being a part of Generate’s next chapter of growth.”

Since August 2019, Jack Stark has served as chief financial officer and a member of the management committee, capping a three-decade career in senior management roles of both publicly-traded and privately-held companies in the energy and financial services markets. Previously, he was CFO at Imergy Power Systems, BrightSource Energy and Silicon Valley Bank. Jack also serves as the lead director for TC Pipelines, LP, a publicly-traded master limited partnership.

“The last three years have been as rewarding as any in my career, and it is a testament to the talent and dedication of the team at Generate,” said Stark. “I’m thrilled Generate has found an executive like Brian who will continue to deliver for all of Generate’s stakeholders – our team, customers, partners, investors and communities.”

About Generate

Generate Capital, PBC is a leading sustainable infrastructure investment platform and operating company that invests in, finances, builds, owns and operates solutions for clean energy, transportation, waste, water, agriculture, smart cities and digital infrastructure. Generate partners with over 50 technology companies and project developers and owns and operates more than 2,000 assets globally that deliver affordable, reliable and sustainable resources to thousands of customers, companies, communities, school districts and universities. Together, we are rebuilding the world. For more information, please visit www.generatecapital.com.

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