Stion hires new CFO, Gary Martell

Stion, a solar photovoltaics company developing high-efficiency thin film modules using proprietary materials and device structures, announced that it has hired Gary Martell as CFO and Senior Vice President of Finance and Administration.

Mr. Martell, who has over 20 years of corporate finance experience and has completed IPOs and M&A transactions for several high-tech and manufacturing companies, will oversee all finance and administration activities at Stion. He joins Stion from UPEK, a leading provider of biometric fingerprint security solutions, where he also served as CFO.

Prior to joining UPEK, Mr. Martell served as the CFO of Orbital Data, where he tripled revenue and sold the company to Citrix for $50 million. He also served as COO of Cobalt Networks, where he grew revenue by 20x and led the company through both an IPO and a $2.2 billion sale to Sun Microsystems, where he became VP of Network Storage Operations and managed the division’s internal operations. Mr. Martell also spent more than 10 years at Wyse Technology, where he worked in several positions, including CFO and VP of Operations.

Mr. Martell holds a Bachelor of Business Administration with concentrations in Finance and Computer

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