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GreenVolts appoints
technology veteran as CEO
Templates
for Blue &
GreenVolts, a concentrating photovoltaic technology and engineering fields, working
(CPV) technology company, has announced for companies such as JDSU and Cisco
UV LEDs
that it has appointed David Gudmundson as Systems.
President and Chief Executive Officer. Mr.
Gudmundson comes to GreenVolts with In these roles, he has managed businesses
GaN, AlN, AlGaN,
more than 20 years of experience in senior with over $1 Billion in total annual revenue,
InN, InGaN
management positions at leading technology acquired and integrated a dozen companies,
companies, and a successful track record of and led globally distributed organizations.
growing both domestic and international
market share and revenue. He has a deep As President of JDSU’s Optical
working knowledge of all aspects of Communications Product Group and a
company operations, including sales and Corporate Executive VP, Mr. Gudmundson
marketing, engineering, manufacturing, and led a 3,000-person team to significantly
finance. increased profitability, revenue growth, and
market share. In his role as Senior Vice
Mr. Gudmundson assumes his role as President of Corporate Strategy, M&A and
President and CEO immediately, in place of Marketing, he played a critical role in
interim CEO and former GreenVolts’ CFO identifying and executing a number of
Gary Beasley, who is leaving to pursue a acquisitions as well as a corporate
career in private equity. The company also restructuring that helped JDSU become a
announced today that it has relocated its profitable portfolio company.
headquarters from its startup offices in San
Francisco to a state-of-the-art facility in Prior, Mr. Gudmundson served as a Group
World leaders in development
Fremont, California. Vice President and General Manager for
of Hydride Vapour Phase Epitaxy
Cisco Systems. He was a driving force
(HVPE) processes and techniques
“We are energized by having a world class behind Cisco’s entry into both the access for the production of novel
executive like David leading the team at router and broadband markets, and he led
compound semiconductors
GreenVolts,” said company Founder and the company’s successful entry into the
Chairman Bob Cart. “David’s management security server market. •
Templates
experience and strong leadership will help
•
Wafer size: 50mm-150mm
us scale the business while delivering on GreenVolts’ approach to concentrating
the great promise CPV holds for our photovoltaics has led to a power purchase
•
Research grade InGaN wafers
customers.” agreement with Pacific Gas & Electric for a •
Custom design epitaxy
two-megawatt pilot facility in Northern
•
Contract development
Mr. Gudmundson has a proven history as a California. GreenVolts has raised nearly $45
senior executive building teams, expanding Million in venture capital, including $34
•
Small and large batch
market-share and revenue, and delivering Million as part of a Series B round late last
quantities available
upon aggressive measurable goals across a year. The company is also working with the
Wide range of materials (GaN,
number of industries, including Networking, National Renewable Energy Laboratory to
AlN, AlGaN, InN and InGaN)
Optics, and Government and Defense. His optimize solar cells for concentrating
on different sizes and types of
experience spans the globe in the photovoltaic systems.
substrates (sapphire or SiC)
Contact us now!
Email:
plasma@oxinst.com
Technologies and Devices International
Tel: +1 301 572 7834
www.oxford-instruments.com/tdi1
November / December 2009
www.compoundsemiconductor.net 13
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