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22 July 2008


Former VP of business development rejoins Avanex as interim CFO

Mark Weinswig has rejoined optical communications component and module maker Avanex Corp of Fremont, CA, USA as VP finance and treasurer and interim chief financial officer.

Weinswig brings a strong financial background and significant experience in the optical industry, says Giovanni Barbarossa, who was appointed interim CEO earlier this month after the termination of Dr Jo Major from his position as president and CEO. Given his knowledge and experience with the company’s finance infrastructure, Weinswig is uniquely suited to contributing in the role immediately, he adds. He replaces Marla Sanchez, who resigned as senior VP and CFO earier this month. Avanex is currently searching for a permanent CEO and CFO.

Weinswig has been with Coherent Inc, which manufactures lasers for commercial and scientific applications, since January 2006 (most recently as director and business unit controller). From April 2000 until January 2006, he worked at Avanex, with his last role being VP financial planning and business development. He was previously at Morgan Stanley Dean Witter’s Institutional Equity Research Group in New York, where he focused on the telecom equipment industry, and at PricewaterhouseCoopers as an auditor.

See related item:

Avanex announces termination of president/CEO and resignation of CFO

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