Monday, 22 September 2014
Last updated 10 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.