News

8 December 2009

 

GigOptix appoints new CFO

GigOptix Inc of Palo Alto, CA, which designs modulator and laser drivers and transimpedance amplifier (TIA) ICs based on III-V materials as well as polymer electro-optic modulators, says that its chief accounting officer & acting chief financial officer Dawn Casterson resigned on 30 November (effective from 11 December).

Casterson helped GigOptix through the merger of Lumera Corp of Bothell, WA, USA (a manufacturer of polymer electro-optic modulators) in December 2008, the subsequent S-4 filing, and the new regulations that GigOptix was required to follow as a public company, says CEO & chairman Dr Avi Katz.

Ron Shelton has become chief financial officer, and will be the firm’s principal financial officer and principal accounting officer. “Ron is a long-term veteran of the semiconductor industry who not only brings an exceptional background and success in building public companies to major scale but is also, most importantly, well respected and recognized as a business partner and true leader in the teams he has participated in,” Katz says. “We continue to rapidly grow the company through global acquisitions such as the recent ChipX transaction [in early November],” he adds.

Shelton has more than 15 years experience in senior financial roles for technology companies based in Silicon Valley. Since 2007, he has provided consulting services to various technology companies, including the role of acting chief financial officer. During 2005 and 2006, Shelton served as senior VP & chief financial officer of Alien Technology Corp (which specializes in emerging RF identification). Previously, he was CFO for Alliance Semiconductor, Cirrus Logic and Lara Technology.

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