After a long search that started in May, 2009 GT Solar has now appointed a permanent Chief Financial Officer. The company has appointed Richard J. Gaynor to the role from Sonus Networks. Robert Woodbury, the former CFO had resigned for personal reasons. Vice President of Finance, Rich Johnson had held the CFO role during the search to replace Woodbury and will return to his former role within the company.
“We are delighted to have an executive of Rick Gaynor’s caliber and experience on board to lead our finance organization during our next stages of development and growth,” said Tom Gutierrez, president and chief executive officer. “Rick brings extensive financial control and international tax experience to GT Solar and he has been an effective leader at other global R&D-oriented technology companies. I look forward to him serving a key role on the senior leadership team at GT Solar in the years ahead in support of our strategy and initiatives to deliver value to our shareholders.”