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11 August 2014

AXT appoints chief financial officer

AXT Inc of Fremont, CA, USA, which makes gallium arsenide, indium phosphide and germanium substrate and raw materials, has appointed Gary L. Fischer as vice president & chief financial officer, responsible for the firm’s global finance and accounting organization and reporting to CEO Morris Young.

“Gary brings to the table a wealth of public-company experience in finance, strategic planning, global operations and investor relations,” comments Young. “He has years of executive-level leadership, building technology businesses from early-stage to sustainable long-term profitability and revenue growth,” he adds. “This will be tremendously beneficial to AXT as we seek to increase our footprint in the global marketplace, leveraging our diversified portfolio of products as well as our key competitive differentiators.”

Fischer is a Silicon Valley veteran, with experience working in Asia and Europe. In 1993, he joined advanced memory solutions firm ISSI as CFO. He took the company public in 1995 and later became its president & chief operating officer. In 2005, Fischer joined eRide, a fabless semiconductor company that develops both GPS devices and software for location-based services (acquired in 2009). Fischer continued with eRide as a consultant into 2014 and expanded his consulting practice to assist a number of growth companies on a variety of finance and M&A projects.

Fischer holds a Master’s degree in business from Santa Clara University and a Bachelor of Arts degree from the University of California at Santa Barbara.

See related items:

AXT returns to quarterly profitability ahead of plan

AXT’s chief financial officer resigns

Tags: AXT GaAs GaAs substrate InP Germanium

Visit: www.axt.com

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