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3 May 2016

POET's executive co-chairman Copetti moves on

POET Technologies Inc of San Jose, CA, USA — which has developed the proprietary planar optoelectronic technology (POET) platform for monolithic fabrication of integrated III-V-based electronic and optical devices on a single semiconductor wafer — says that Peter Copetti has stepped down from the board and his position as executive co-chairman in order to pursue other opportunities. 

Copetti joined POET at the genesis of today's refocused enterprise, and has served as both executive co-chairman and interim CEO. He has worked to establish POET as a presence in the integrated opto-electronics industry and has been instrumental in the financial restructuring of the firm.

"His contributions and dedication to the restructuring of the company has lead us to our current state with a strong team, healthy balance sheet, and well defined strategic roadmap," comments executive co-chairman Ajit Manocha. "His leadership, through our recently announced acquisition [of DenseLight Semiconductors], has been commendable," he adds.

"Peter's mix of passion and business intelligence has helped establish a solid foundation for this company, as we now focus on our 'lab to fab to monetization' path," says CEO Dr Suresh Venkatesan. "His leadership over the past four years has had a tremendous impact on this company in terms of its vision, mission and financial turnaround," he adds.

"Ajit, Suresh and their team will lead this company to new heights and I look forward to continued successes from this team as they focus on product development and achieving revenue," says Copetti. 

Tags: POET

Visit: www.poet-technologies.com

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