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Redwood Materials, founded by JB Straubel, experiences a leadership shakeup with COO Chris Listers retirement. Lister, a former Tesla executive, joined Redwood in late 2023 and was promoted to COO in 2024. His departure follows a recent staff reduction of about 10%. Other Tesla alumni, including Bradley Mayhew, Guillermo Urquiza, and Carlos Lozano, have also left the company in recent months. Straubel attributes the changes to trimming management layers and adapting to challenging market conditions. Despite the shakeup, Straubel remains optimistic about Redwoods future as a top global energy storage player.
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