GreenVolts Appoints New CEO

Oct 27 2009 | 9:02am ET

GreenVolts, a leader in concentrating photovoltaic (CPV) technology, has appointed David Gudmundson as president and chief executive officer.

David GudmundsonDavid GudmundsonGudmundson comes to GreenVolts with more than 20 years of experience in senior management positions at leading technology companies, including JDSU and Cisco Systems, and a successful track record of growing both domestic and international market share and revenue. He has a deep working knowledge of all aspects of company operations, including sales and marketing, engineering, manufacturing and finance.

Gudmundson assumes his role immediately, replacing interim CEO and former GreenVolts CFO Gary Beasley, who is leaving to pursue a career in private equity. The company also announced that it has relocated its headquarters from its startup offices in San Francisco to a facility in Fremont, California.

“We are energized by having a world class executive like David leading the team at GreenVolts,” said company founder and chairman Bob Cart. “David’s management experience and strong leadership will help us scale the business while delivering on the great promise CPV holds for our customers.”

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