Expion360 appoints Shawna Bowin as CFO, succeeding Brian Schaffner, to lead financial operations and support growth initiatives.
Quiver AI Summary
Expion360 Inc., a leader in lithium-ion battery power storage, has appointed Shawna Bowin as the new Chief Financial Officer, succeeding Brian Schaffner, who previously served in both CEO and interim CFO roles. Bowin, with over 20 years of accounting experience, joined Expion360 in 2022 and became Controller in February 2025. Her responsibilities included overseeing accounting operations and ensuring compliance with financial regulations. She holds a Bachelor’s degree in Accounting and is pursuing an MBA. Schaffner expressed confidence in Bowin’s capabilities, anticipating her contributions as the company focuses on growth initiatives in distribution and battery technology. Expion360, based in Redmond, Oregon, specializes in high-performance lithium iron phosphate batteries for various applications.
Potential Positives
- Shawna Bowin's appointment as Chief Financial Officer highlights the company's commitment to strong internal leadership, showcasing a well-qualified individual with over 20 years of financial experience.
- Her previous role as Controller demonstrates her familiarity with the company's financial operations, which is expected to ensure continuity and stability during the transition.
- The press release reaffirms Expion360's focus on executing growth initiatives and advancing lithium-ion battery technology, indicating confidence in future expansion.
Potential Negatives
- Appointment of a new Chief Financial Officer following the departure of the interim CFO, which can raise concerns about stability and leadership continuity within the company's financial management.
- The press release highlights a lack of experience at the executive level since Ms. Bowin has only been with the company since 2022 and just became Controller in February 2025, indicating potential vulnerability in financial oversight during this transitional period.
- The mention of forward-looking statements in the release underscores inherent uncertainties in the company's execution of future growth initiatives, which may indicate risk to investors and stakeholders.
FAQ
Who has been appointed as the new CFO of Expion360?
Shawna Bowin has been appointed as the Chief Financial Officer of Expion360.
What experience does Shawna Bowin bring to Expion360?
Ms. Bowin has over 20 years of experience in accounting and has worked with both public and private companies.
What role did Shawna Bowin hold before becoming CFO?
Before becoming CFO, Shawna Bowin served as the Controller of Expion360.
What are Expion360's primary products?
Expion360 specializes in lithium iron phosphate (LiFePO4) batteries for recreational vehicles, marine applications, and residential energy storage.
Where is Expion360 headquartered?
Expion360 is headquartered in Redmond, Oregon.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Veteran Financial and Accounting Professional to Lead Next Phase of Company Growth
REDMOND, Ore., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage, today announced the appointment of Shawna Bowin, Controller of Expion360, as Chief Financial Officer of the Company, replacing Brian Schaffner, Chief Executive Officer, who has also been serving as the Company’s interim Chief Financial Officer.
Ms. Bowin is an accounting professional with over 20 years of progressive experience in accounting and a proven track record serving public and private companies. She joined Expion360 in 2022 as Senior Accountant, and has served as Controller since February 2025, where she has been responsible for overseeing all accounting operations, ensuring accurate financial reporting, maintaining compliance with legal and regulatory requirements, and supporting internal controls. Prior to joining Expion360, Ms. Bowin served as Accounting Manager at Hodge Western Corp., and also served in accounting-related roles with JTS Animal Bedding and American Licorice Company, a large privately held manufacturing company. Bowin holds a Bachelor of Science in Accounting from Linfield College and is pursuing a Master of Business Administration at Louisiana State University – Shreveport’s College of Business.
“We welcome Shawna to the position and are honored to have someone of her caliber and financial skill set serve as our Chief Financial Officer,” said Brian Schaffner, Chief Executive Officer. “Shawna’s leadership as Controller, especially guiding us through the complexities of annual audits, quarterly reviews and SEC reporting, makes her an ideal fit for the role. With her deep knowledge of our business and proven ability to navigate financial and regulatory requirements, I am confident she will excel in this new role. We look forward to her contributions as we continue to execute on our key growth initiatives, with a focus on expanding distribution and advancing our lithium-ion battery technology.”
About Expion360
Expion360 is an industry leader in premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, Light EV and residential energy storage.
The Company’s lithium-ion batteries feature half the weight of standard lead-acid batteries while delivering three times the power and ten times the number of charging cycles. Expion360 batteries also feature better construction and reliability compared to other lithium-ion batteries on the market due to their superior design and quality materials. Specially reinforced, fiberglass-infused, premium ABS and solid mechanical connections help provide top performance and safety. With Expion360 batteries, adventurers can enjoy the most beautiful and remote places on Earth even longer.
The Company is headquartered in Redmond, Oregon. Expion360 lithium-ion batteries are available today through more than 300 dealers, wholesalers, private-label customers, and OEMs across the country.
To learn more about the Company, visit expion360.com .
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements included in this press release include, but are not limited to, statements relating to the Chief Financial Officer transition; the Company’s ability to execute on its growth initiatives; and the Company’s future plans for its business and products. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.
Company Contact:
Brian Schaffner, CEO
541-797-6714
Email Contact
External Investor Relations:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us
