Signet Solar has announced the appointment of Bruce Horn as the company's Chief Financial Officer. Horn will oversee Signet's financial development and offer strategic support as the company scales its manufacturing capabilities.
Prior to joining Signet, Horn was CFO at StrataLight Communications, which was acquired by Opnext earlier this year. Horn also served as CFO and Treasurer of Oplink Communications and CFO and VP of Finance of Larscom. He directed the execution of the IPO process for both companies. This gives Horn over 20 years of accounting, finance and management experience with public and private high-technology companies.
Signet Solar founder and CEO Dr. Rajeeva Lahri said, "With a rich history in Silicon Valley's financial underpinnings, Bruce brings critical experience raising public and private capital and supporting the growth of rapidly maturing technology companies...we will utilize his financial expertise to assist in the sophistication of our fiscal roadmap as we continue to expand our global operations."
Last year Signet Solar produced the industry's first "Generation 8.5" large-area silicon thin-film solar module from its production facility in Dresden, Germany. The company also recently announced plans to build its first North American production facility in Belen, New Mexico, scheduled to begin operations in 2010.