Sunday, 28 December 2014
Last updated 38 min ago
Feb 9 2009 | 9:33am ET
Austin-based, thin-film solar start-up HelioVolt has replaced CEO B.J. Stanbery with a board member while it seeks a permanent chief executive.
The company says founder Stanbery will remain its chief strategy officer and board chair. Ron Bernal, a board member and partner at Sequel Venture Partners, will serve as interim CEO.
HelioVolt has also named Sanjeev Kumar, former chief financial officer of Conversion Devices, as its CFO.
HelioVolt is one of a handful of CIGS companies (those producing solar panels from copper, indium, gallium and selenium) that has recently secured VC funding. HelioVolt, Nanosolar, Miasolé, Solyndra and SoloPower have together raised over $1 billion to develop technologies and build factories.
HelioVolt raised $101 million alone for its Series B round in 2007 from investors including Sequel Venture Partners, Noventi Ventures, Passport Capital and Masdar Clean Tech Fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.