EMCORE Corporation Announces Appointment of Chief Financial Officer

Mon Aug 18, 2008 8:59pm EDT
 
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ALBUQUERQUE, N.M., Aug. 18 /PRNewswire-FirstCall/ - EMCORE Corporation
(Nasdaq: EMKR), a leading provider of compound semiconductor-based components
and subsystems for the broadband, fiber optic, satellite, and terrestrial
solar power markets, today announced that the Board of Directors of EMCORE
Corporation ("EMCORE" or the "Company") appointed John M. Markovich, as Chief
Financial Officer, effective August 18, 2008.
    Reporting to the CEO, Mr. Markovich will be responsible for the Company's
finance, accounting, financial planning, treasury, tax, and investor relations
functions.  Bringing over 20 years of financial leadership to EMCORE, John has
a strong background in operational finance, manufacturing, and debt & equity
financing transactions.  Prior to joining EMCORE, Mr. Markovich was EVP & CFO
of Energy Innovations, Inc., a venture capital-backed solar energy company.
Previously, Mr. Markovich has held leadership positions with several leading
technology and financial services companies including Optical Coating
Laboratories Inc., Western Digital Corporation, Pictos Technologies,
Tickets.com, and Citicorp.
Adam Gushard, the Company's Interim Chief Financial Officer, will remain
with EMCORE as Vice President, Finance, reporting to Mr. Markovich.
    "We are very excited about the addition of John Markovich to EMCORE's
management team.  John, an industry veteran, brings broad operational and
strategic experience to the organization and will play a critical role in
leading the Company through the execution of our business plan going forward,"
said Dr. Hong Q. Hou, CEO of EMCORE Corporation.
    About EMCORE:
    EMCORE Corporation is a leading provider of compound semiconductor-based
components and subsystems for the broadband, fiber optic, satellite and solar
power markets. EMCORE's Fiber Optics segment offers optical components,
subsystems and systems that enable the transmission of video, voice and data
over high-capacity fiber optic cables for high-speed data and
telecommunications, cable television (CATV) and fiber-to-the-premises (FTTP)
networks. EMCORE's Solar Power segment provides solar products for satellite
and terrestrial applications. For satellite applications, EMCORE offers
high-efficiency compound semiconductor-based gallium arsenide (GaAs) solar
cells, covered interconnect cells and fully integrated solar panels. For
terrestrial applications, EMCORE offers concentrating photovoltaic (CPV)
systems for utility scale solar applications as well as offering its high-
efficiency GaAs solar cells and CPV components for use in solar power
concentrator systems. For specific information about our company, our products
or the markets we serve, please visit our website at http://www.emcore.com.
    Contacts:
    TTC Group
    Victor Allgeier
    (646) 290-6400
    info@ttcominc.com

SOURCE  EMCORE Corporation

Victor Allgeier of TTC Group, +1-646-290-6400, info@ttcominc.com, for EMCORE
Corporation

 

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