Seal Beach, California – June 14, 2010 – Amonix, Inc., a leading designer and manufacturer of concentrated photovoltaic (CPV) solar power systems, today named Patrick McCullough Chief Financial Officer and announced the appointment of two new independent directors, Matthew Ryan and Michael Skelly, to its Board of Directors.
New Amonix CFO Patrick McCullough has more than 15 years of corporate finance experience with global Fortune 500 industrial equipment, building products and automotive companies, and significant expertise managing treasury, finance, accounting, tax, compliance and internal control functions. Prior to joining Amonix, McCullough was the CFO and Senior Vice President of IMI Severe Service Division, a global leader in severe service valve and control solutions for the fossil fuel, nuclear power, and chemical processing industries. He also has served as Division CFO at two divisions of Johns Manville, a Berkshire Hathaway Company, and as CFO of a billion-dollar U.S.-Chinese joint venture in Shanghai China.
“Pat brings the experience and track record of a successful CFO with three Fortune 500 companies and global experience across Asia Pacific, Europe Africa, the Middle East, India and the Americas,” said Brian Robertson, Amonix Chief Executive Officer. “His corporate finance expertise in areas critical to the future growth and success of Amonix are a welcome addition to the executive management team as we take the company to the next level of growth and profitability.”
New Board member Matthew Ryan is President Americas of CEVA Logistics, a leading provider of world-class supply chain solutions for large and medium-size national and multinational companies across the globe. Ryan joined CEVA in 2009 as Chief Operating Officer, bringing 30 years’ experience in the highly competitive and dynamic global electronics manufacturing and distribution industry, including 15 years with Flextronics International. At Flextronics, Ryan ran end-to-end contract manufacturing and logistics operations generating revenues in excess of $20 billion.
New Board member Michael Skelly is Founder and President of Clean Line Energy Partners, an independent developer of high-voltage, long haul transmission lines. Previously, Skelly led the development of Horizon Wind Energy from a two-person company to a leadership position in the U.S. wind industry. Horizon was acquired by Goldman Sachs in 2005 and in mid-2007, sold the company to EDP in the largest transaction to date in the burgeoning clean energy industry. Before joining Horizon, Skelly developed thermal, hydroelectric, biomass, and wind energy projects in Central America with Energia Global.
“Our new independent directors bring valuable industry, manufacturing and financial experience, and a commitment to helping Amonix grow while serving the interests of the company’s shareholders, ” said Vahan Garboushian, Amonix Co-Founder and Chairman of the Board.
Ryan and Skelly join the five existing members of the Board: Vahan Garboushian; Brian Robertson, Chief Executive Officer; Mark Cirilli, MissionPoint Capital Partners; Ben Kortlang, Kleiner, Perkins, Caufield & Byers; and Zeb Rice, Angeleno Group.
About Amonix
Amonix is the recognized leader in designing and manufacturing concentrated photovoltaic (CPV) solar power systems that require no water in power production, use land better, and produce more energy per acre than any other solar technology. With the longest track record of real-world CPV deployments in the industry, Amonix is proven to be the best choice for solar power systems in sunny and dry climates. Amonix is headquartered in Seal Beach, California. For more information, visit http://www.amonix.com.
Media Contact:
Kelly Rice
Amonix
Tel: 562-446-8713
krice@amonix.com
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