Satcon Announces Addition to Executive Management Team
15 April 2010 - 8:00PM
Business Wire
Satcon Technology Corporation (NASDAQ CM: SATC), a leading
provider of utility scale power solutions for the renewable energy
market today announced the appointment of Aaron Gomolak as Vice
President of Global Operations where he will join the company’s
executive team to lead worldwide manufacturing and supply chain
organizations.
In this new role for Satcon, Mr. Gomolak will lead the expansion
of the company’s global manufacturing capacity as well as its
quality and supply chain operations. As the global leader in large
scale PV inverters, Satcon currently manufactures its industry
leading power conversion solutions in Shenzhen, China and
Burlington, Ontario, Canada. The company will continue to grow
capacity at these facilities to meet escalating global demand for
its solutions across Asia, Europe, Africa and North America.
Prior to joining Satcon, Mr. Gomolak was the Managing Director
of Altitude Finance where he successfully helped renewable energy
and information technology companies expand operations into Asia.
Previous to that, Mr. Gomolak spent seven years at Advanced Energy
where he held various roles of increasing responsibility including
Vice President of Finance and Corporate Controller.
“We are pleased to add Aaron to our executive management team,”
said Steve Rhoades, President and Chief Executive Officer. "In a
time of significant growth in Satcon’s global business, he brings a
strong combination of experience and leadership to manage our
worldwide manufacturing and supply chain organization into the next
decade.”
About Satcon
Satcon Technology Corporation is the leading provider of utility
scale power solutions for the global renewable energy market,
enabling the industry’s most advanced reliable and proven clean
energy alternatives. For over 24 years, Satcon has designed and
delivered the next generation of efficient energy systems for solar
photovoltaic, stationary fuel cells, and energy storage systems. To
learn more about Satcon, please visit www.Satcon.com.
Safe Harbor
Statements made in this press release that are not historical
facts or which apply prospectively are forward-looking statements
that involve risks and uncertainties. These forward-looking
statements are identified by the use of terms and phrases such as
"will," "intends," "believes," "expects," "plans," "anticipates"
and similar expressions. Investors should not rely on forward
looking statements because they are subject to a variety of risks
and uncertainties and other factors that could cause actual results
to differ materially from the company's expectation. Additional
information concerning risk factors is contained from time to time
in the company's SEC filings, including its Annual Report on Form
10-K and other periodic reports filed with the SEC. Forward-looking
statements contained in this press release speak only as of the
date of this release. Subsequent events or circumstances occurring
after such date may render these statements incomplete or out of
date. The company expressly disclaims any obligation to update the
information contained in this release.
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