PRESS RELEASE
Published on August 19, 2008
|
Press
Release
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EMCORE Corporation Announces
Appointment of Chief Financial Officer
ALBUQUERQUE,
New Mexico, August 18, 2008 – EMCORE Corporation (NASDAQ: EMKR – News), a leading
provider of compound semiconductor–based components and subsystems for the
broadband, fiber optic, satellite, and terrestrial solar power markets, today
announced that the Board of Directors of EMCORE Corporation (“EMCORE” or the
“Company”) appointed John M. Markovich, as Chief Financial Officer, effective
August 18, 2008.
Reporting
to the CEO, Mr. Markovich will be responsible for the Company’s finance,
accounting, financial planning, treasury, tax, and investor relations
functions. Bringing over 20 years of financial leadership to EMCORE,
John has a strong background in operational finance, manufacturing, and debt
& equity financing transactions. Prior to joining EMCORE, Mr.
Markovich was EVP & CFO of Energy Innovations, Inc., a venture
capital-backed solar energy company. Previously, Mr. Markovich has
held leadership positions with several leading technology and financial services
companies including Optical Coating Laboratories Inc., Western Digital
Corporation, Pictos Technologies, Tickets.com, and Citicorp.
Adam
Gushard, the Company’s Interim Chief Financial Officer, will remain with EMCORE
as Vice President, Finance, reporting to Mr. Markovich.
“We are
very excited about the addition of John Markovich to EMCORE’s management
team. John, an industry veteran, brings broad operational and
strategic experience to the organization and will play a critical role in
leading the Company through the execution of our business plan going forward,”
said Dr. Hong Q. Hou, CEO of EMCORE Corporation.
About
EMCORE:
EMCORE
Corporation is a leading provider of compound semiconductor–based components and
subsystems for the broadband, fiber optic, satellite and solar power markets.
EMCORE's Fiber Optics segment offers optical components, subsystems and systems
that enable the transmission of video, voice and data over high–capacity fiber
optic cables for high–speed data and telecommunications, cable television (CATV)
and fiber–to–the–premises (FTTP) networks. EMCORE's Solar Power segment provides
solar products for satellite and terrestrial applications. For satellite
applications, EMCORE offers high–efficiency compound semiconductor–based gallium
arsenide (GaAs) solar cells, covered interconnect cells and fully integrated
solar panels. For terrestrial applications, EMCORE offers concentrating
photovoltaic (CPV) systems for utility scale solar applications as well as
offering its high–efficiency GaAs solar cells and CPV components for use in
solar power concentrator systems. For specific information about our company,
our products or the markets we serve, please visit our website at http://www.emcore.com.
Contacts:
TTC
Group
Victor
Allgeier
(646)
290-6400
info@ttcominc.com