Advanced Energy Industries has named Danny Herron as its new executive VP and CFO, replacing Lawrence Firestone, who resigned last week. The new hire will start Sept. 1 and will report directly to CEO Hans Betz.
Herron has more than 25 years of experience in finance and operations and has spent the past 12 years of his career as CFO for renewable energy and consumer products companies. Most recently, he was CFO for Sundrop Fuels, a solar gasification-based renewable fuels firm.
He previously held the positions of president.CFO of VeraSun, a publicly traded corn-based ethanol company, CFO at beef and pork producer Swift & Company, and CFO at ConAgra’s beef division. Hi experience includes merging and integrating companies, raising financing, and divesting noncore businesses.
“We are extremely pleased to have Danny join Advanced Energy as our new CFO,” said Betz. “Danny brings a unique blend of financial and operational experience that we expect will benefit Advanced Energy as we continue to execute our growth strategy.”