Wednesday, 26 November 2014
Last updated 1 hour 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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