Hayes Barnard

Hayes Barnard is an American entrepreneur. He is currently the founder, chairman, and CEO of GoodLeap, a technology-based finance company. Barnard is also the founder, chairman, and CEO of GivePower, a nonprofit that facilitates solar powered projects to provide clean water and energy systems to underserved communities.[1][2][3]

Hayes Barnard
NationalityAmerican
OccupationFounder, Chairman, CEO of GoodLeap
Founder, Chairman, CEO of GivePower

Early life and education

Barnard was born and raised by a single mother in Creve Coeur, Missouri, a suburb of St. Louis.[4] He graduated from the University of Missouri with a degree in management and marketing.[5]

Career

In September 2003, Barnard founded Paramount Equity Mortgage (later renamed to Loanpal and subsequently rebranded to GoodLeap)[6] which provided residential home loans.[1][7] Prior to that, he worked at Oracle as a sales executive.[8] In 2008, he founded Paramount Solar, a subsidiary of Paramount Equity Mortgage, and became CEO.[1]

In 2011, Guthy-Renker became an investor and business partner assisting in the growth of Paramount Equity Mortgage and Paramount Solar.[7] Barnard and Guthy-Renker also partnered with SolarCity.[8]

In 2013, Paramount Solar was acquired by SolarCity for $120 million[8][9] and Barnard became SolarCity's Chief Revenue Officer.[10][3] As Chief Revenue Officer, he managed a team of 8,000.[11] He was also responsible for the company's growth and grew megawatts installed 300% from 2013 to 2015.[12][8][13]

In 2014, Barnard founded GivePower[3][12] while at SolarCity.[3] GivePower is a 501(c)(3) nonprofit organization[14] that develops clean water and energy systems in underserved communities in developing countries.[15][16] GivePower has developed water and energy systems in 17 countries,[15] including communities in Africa, Asia, and Latin America.[10][3]

In 2016, Barnard left SolarCity and took on the role of chairman and CEO of Loanpal, a financial technology platform that provides financing for clean energy products. [1][12][17][18] In 2021, Loanpal rebranded to GoodLeap.[19]

In 2018, Barnard's non-profit organization built a solar-powered desalination system in Kiunga, Kenya that produces 19,800 gallons of fresh drinking water a day.[15][20] The organization also assisted the Sioux Nation in North Dakota in developing a 300-kilowatt solar farm in North Dakota, the first solar farm in the state.[3][21]

In 2020, Barnard started an asset management fund, GoodFinch.[2]

Personal life

Barnard lives in Austin,[4] Texas with his wife and three children.[22]

References
  1. Pyper, Julia (2019-04-22). "Loanpal Rockets to Second-Largest Solar Loan Provider in the US". www.greentechmedia.com. Retrieved 2020-03-11.
  2. Levy, Ari (2021-01-27). "Exec who quit SolarCity now runs the leading lender for solar installations". CNBC. Retrieved 2021-02-01.
  3. DeBord, Matthew (2019-07-23). "This former SolarCity exec is trying to reinvent 2 parts of the solar business". Business Insider. Retrieved 2020-03-11.
  4. Driebusch, Matt Wirz and Corrie (2021-10-13). "Tech Moguls Back GoodLeap's Green Housing Push With $12 Billion Valuation". The Wall Street Journal. ISSN 0099-9660.
  5. "Hayes Barnard". LinkedIn.
  6. "Tesla's solar retreat provides opening for Loanpal's return". Asset Securitization Report. 2019-03-07. Retrieved 2020-03-11.
  7. "California Lender Paramount Equity Pairs with Infomercial Creator Guthy-Renker". American Banker. 2011-03-08. Retrieved 2020-03-11.
  8. Levine, David. "Generating Business: How I Discovered The Social Side Of Sales". Forbes. Retrieved 2020-03-11.
  9. "Top Execs of 2013: Hayes Barnard". Sacramento Business Journal. 26 December 2013. Retrieved 2020-03-16.
  10. Wang, Ucilia. "SolarCity Buys Paramount Solar To Boost Homeowner Outreach". Forbes. Retrieved 2020-03-11.
  11. "This Lender Has Quickly Become the Leader in Solar Finance". Lend Academy. 2019-05-02. Retrieved 2020-03-30.
  12. "Financing the Clean Energy Future Loanpal". The Silicon Review. Retrieved 2020-03-16.
  13. "SolarCity Form 10-K 2015". SEC. Retrieved 2020-05-08.
  14. "How This Foundation is Bringing Power to the People". Inside Philanthropy. Retrieved 2020-03-11.
  15. "Solar-power desalination produces 20,000 gallons of fresh water each day • Earth.com". Earth.com. Retrieved 2020-03-11.
  16. "Spaceship-Like Tesla Powerwall Setup Produces 50K Liters of Water a Day". Inverse. Retrieved 2020-03-11.
  17. "Dividend Finance Enters Solar Loan Partnership With KeyBank". Greentech Media. Retrieved 2020-05-01.
  18. "The 3 Huge Trends Driving the Imminent Solar Energy Revolution". Inverse. Retrieved 2020-03-11.
  19. Anderson, Mark (2 June 2021). "Loanpal rebrands to GoodLeap as it expands offerings". Sacramento Business Journal.{{cite web}}: CS1 maint: url-status (link)
  20. "A solar-powered system can turn salt water into fresh drinking water". ICAST. 2019-09-06.
  21. "Solar Power Comes To Standing Rock Reservation". CleanTechnica. 2019-07-20. Retrieved 2020-03-11.
  22. Levy, Ari (2021-01-27). "Exec who quit SolarCity now runs the leading lender for solar installations". CNBC.
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