Hayes Barnard
Hayes Barnard | |
|---|---|
 | |
| Born | |
| Nationality | American |
| Education | University of Missouri(BA) |
| Occupation(s) | Founder, Chairman, CEO of GoodLeap Founder, Chairman, CEO of GivePower |
| Years active | 2003–present |
| Children | 3 |
| Website | goodleap givepower |
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]
Early life and education
[edit]Barnard was born and raised by a single mother in Creve Coeur, Missouri, a suburb of St. Louis.[4] His father left when Barnard was three years old. Barnard graduated from the University of Missouri with a degree in management and marketing.[5] He won a football scholarship to Central Missouri State, but was injured during his freshman year and subsequently transferred to the University of Missouri, where he graduated with a degree in management and marketing.[5][6]
Career
[edit]In 1995 Barnard went to San Francisco to be a part of the hi-tech boom. His first jobs were manning booths at trade shows.[6] He then went on to work at Oracle as a sales executive.[7] In September 2003, Barnard founded Paramount Equity Mortgage (later renamed to Loanpal and subsequently rebranded to GoodLeap),[8] one of the first to provide online[6] residential home loans.[1][9] 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.[9] Barnard and Guthy-Renker also partnered with SolarCity.[7] In 2013, Paramount Solar was acquired by SolarCity for $120 million[7][10] and Barnard became SolarCity's Chief Revenue Officer.[11][3] As Chief Revenue Officer, he managed a team of 8,000.[12] He was also responsible for the company's growth and grew megawatts installed 300% from 2013 to 2015.[7][13]
In 2014, Barnard founded GivePower[3] 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.[11][3] 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][17] 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][18]
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][19][20]
In 2020, Barnard started an asset management fund, GoodFinch.[2]
In 2021, Loanpal rebranded to GoodLeap,[21] "good for life, earth and prosperity."[6]
Personal life
[edit]Barnard lives in Austin,[4] Texas with his wife and three children.[22]
In October 2022, Barnard appeared on the cover of Forbes Magazine and ranked #271 on the Forbes 400 list with an estimated net worth of $4 billion.[6] Forbes also awarded Barnard a self-made score of 10 out of 10, a score received by 28 out of the 400 list members.[23][24]
In May 2023, Barnard delivered the keynote address at the 140th commencement of the University of Texas at Austin.[25][26]
References
[edit]- ^ a b c d Pyper, Julia (2019-04-22). "Loanpal Rockets to Second-Largest Solar Loan Provider in the US". www.greentechmedia.com. Retrieved 2020-03-11.
- ^ a b Levy, Ari (2021-01-27). "Exec who quit SolarCity now runs the leading lender for solar installations". CNBC. Retrieved 2021-02-01.
- ^ a b c d e f 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.
- ^ a b 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.
- ^ a b "Hayes Barnard". LinkedIn.
- ^ a b c d e Ponciano, Jonathan (28 September 2022). "Inside One Billionaire's Plan To Bring Solar Power To Every Homeowner". Forbes.
- ^ a b c d Levine, David. "Generating Business: How I Discovered The Social Side Of Sales". Forbes. Retrieved 2020-03-11.
- ^ "Tesla's solar retreat provides opening for Loanpal's return". Asset Securitization Report. 2019-03-07. Retrieved 2020-03-11.
- ^ a b "California Lender Paramount Equity Pairs with Infomercial Creator Guthy-Renker". American Banker. 2011-03-08. Retrieved 2020-03-11.
- ^ "Top Execs of 2013: Hayes Barnard". Sacramento Business Journal. 26 December 2013. Retrieved 2020-03-16.
- ^ a b Wang, Ucilia. "SolarCity Buys Paramount Solar To Boost Homeowner Outreach". Forbes. Retrieved 2020-03-11.
- ^ "This Lender Has Quickly Become the Leader in Solar Finance". Lend Academy. 2019-05-02. Retrieved 2020-03-30.
- ^ "SolarCity Form 10-K 2015". SEC. Retrieved 2020-05-08.
- ^ "How This Foundation is Bringing Power to the People". Inside Philanthropy. Retrieved 2020-03-11.
- ^ a b c "Solar-power desalination produces 20,000 gallons of fresh water each day • Earth.com". Earth.com. Retrieved 2020-03-11.
- ^ "Spaceship-Like Tesla Powerwall Setup Produces 50K Liters of Water a Day". Inverse. Retrieved 2020-03-11.
- ^ "A solar-powered system can turn salt water into fresh drinking water". ICAST. 2019-09-06.
- ^ "Solar Power Comes To Standing Rock Reservation". CleanTechnica. 2019-07-20. Retrieved 2020-03-11.
- ^ "Dividend Finance Enters Solar Loan Partnership With KeyBank". Greentech Media. Retrieved 2020-05-01.
- ^ "The 3 Huge Trends Driving the Imminent Solar Energy Revolution". Inverse. Retrieved 2020-03-11.
- ^ Anderson, Mark (2 June 2021). "Loanpal rebrands to GoodLeap as it expands offerings". Sacramento Business Journal.
- ^ Levy, Ari (2021-01-27). "Exec who quit SolarCity now runs the leading lender for solar installations". CNBC.
- ^ "Profile-Hayes Barnard". Forbes. 20 October 2022.
- ^ Ponciano, Jonathan (8 September 2020). "The Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers". Forbes.
- ^ Menchaca, Megan (7 May 2023). "'A very emotional time:' University of Texas graduates celebrate 2023 commencement". Austin American-Statesman.
- ^ "Hayes Barnard Delivers Commencement Address at The University of Texas at Austin". University of Texas at Austin. 6 May 2023.