& cplSiteName &

NanoOpto Names CFO, Director

Light Reading
News Wire Feed
Light Reading
7/26/2005
50%
50%

SOMERSET, N.J. -- NanoOpto Corporation, who is applying novel design methods and proprietary nano-fabrication technology to produce a broad range of unique optical components that enable higher quality, low-cost optical components and systems, today announced that Andrew Savadelis has joined the company as its Chief Financial Officer.

Savadelis brings over 25 years of experience in Finance, Operations, Planning, and Sales to NanoOpto. Prior to joining NanoOpto, Savadelis was CFO, SVP Finance, and Board Member at Alfacell Corporation, where he was responsible for closing the single largest financing in the company’s history. Previously, Savadelis has held executive positions as CFO and SVP Finance at Orchid BioSciences Inc.; Principal at Stratus Photonics; CFO and EVP Finance at eMagin Corporation; Treasurer and Director M&A and Director Investor Relations at Anadigics; and Manager Corporate Treasury at Bristol-Myers Squibb Company. Savadelis holds a B.S. in Biology from Albright College and an MBA from Cornell University.

“NanoOpto is excited to have an executive of Andrew’s caliber and experience joining its team,” said Barry Weinbaum, President and CEO of NanoOpto. “He will play a critical role as we continue to grow NanoOpto, simultaneously expanding our customer base and making the infrastructure investments to support our ability to deliver products in volume.”

In a separate release:

NanoOpto Corporation, who is applying novel design methods and proprietary nano-fabrication technology to produce a broad range of unique optical components that enable higher quality, low-cost optical components and systems, today announced that Richard E. Hegberg, Senior Vice President of World Wide Sales at ATI Technologies has joined its Board of Directors. The addition of Hegberg is a planned progression to bring independent industry leaders onto the NanoOpto Board and is in concert with the direction set in the C round venture financing closed earlier this year.

Hegberg joined ATI Technologies in 2003, where his role as SVP includes driving revenue growth and establishing strategic relationships and partnerships with key customers in targeted markets. Prior to joining ATI, Hegberg was recruited as the first full-time CEO of NetOctave, Incorporated, where his responsibilities included helping raise $18M and building out an Engineering team that designed and delivered 3 ASICs.

Prior to that, Hegberg was VP of Sales at Agere Semiconductor from 1997 to 2001; VP Worldwide Sales & Marketing at Trident Semiconductor from 1996 to 1997; VP at VLSI Technology from 1991 to 1996; and Founder and VP of Sales and Marketing at Electronic Designs Inc. from 1986 to 1991.

Hegberg holds a BSEE degree from Marquette University.

“We are pleased to welcome Rich Hegberg to the NanoOpto board as we enter the next stage of our company’s growth,” said Barry Weinbaum, President and CEO of NanoOpto. “As NanoOpto expands its product offerings, market applications, and production capability for both consumer optics and communications, we look forward to leveraging Rich’s experience in these areas.”

NanoOpto Corp.

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
From The Founder
The time has come for a telecom app store to save the industry.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Documentaries
Service Provider Panel: Partnering in the Digital Era

5|22|17   |     |   (0) comments


Coopetition has always been part of telecom, but the ecosphere now includes data centers, vendors, apps developers, cloud service providers and Internet content providers. This BCE 2017 panel explores the new attitudes among network operators as to the value and variety of ...
LRTV Interviews
Site Demo: AT&T's IoT Flow Platform

5|19|17   |   04:25   |   (0) comments


At AT&T's R&D center in Tel Aviv, Israel, project leader Eyal Segev talks about the operator's Flow platform and how it helps to prototype IoT applications.
LRTV Documentaries
Agent of Change: A Q&A With AT&T's John Donovan

5|18|17   |     |   (0) comments


Carol Wilson talks with the man leading AT&T's transformation efforts about the challenge of change.
LRTV Documentaries
BCE Service Provider Panel: The New Business Realities

5|18|17   |     |   (0) comments


For virtualization to happen, the telecom industry first has to grapple with key functional aspects of SDN and NFV that need to be universal, such as onboarding of virtualized network functions and federation of software-defined networks.
LRTV Interviews
BCE Service Provider Keynote: CenturyLink

5|16|17   |   22:32   |   (0) comments


Aamir Hussain leads the Product Development and Technology organization at CenturyLink, which includes the company's information technology function. He is an experienced senior technology executive with more than 25 years of proven success in the implementation of global technology operations, operationalization of complex technology, infrastructures and business ...
LRTV Interviews
CenturyLink CTO on Transformation

5|16|17   |   7:43   |   (0) comments


The 50-year-old telco has already gone through several transformations, including every time it made an acquisition, but its purchase of Level 3 coupled with changes in technology and customer expectations necessitates its biggest transformation yet.
LRTV Documentaries
Light Reading Hall of Fame 2017

5|15|17   |   5:05   |   (1) comment


Find out who made it into Light Reading's Hall of Fame this year.
LRTV Interviews
Site Visit: AT&T's Tel Aviv R&D Center

5|15|17   |   09:58   |   (1) comment


Nir Shalom, general manager and VP of application development at AT&T Israel, talks about the key service developments undertaken at the AT&T R&D facility in Tel Aviv and how the team there has adopted new ways of working.
Telecom Innovators Video Showcase
Act on Your Intelligence With Amdocs aia!

5|15|17   |     |   (0) comments


Amdocs CMO Gary Miles explains how communications service providers can seize the AI opportunity with Amdocs real-time digital intelligence platform.
LRTV Interviews
Logtel CEO: Making Sense of IoT

5|15|17   |   09:48   |   (0) comments


Jacques Bensimon, founder and CEO of Tel Aviv-based training and consultancy Logtel, talks about the need to make IoT more than just a buzzword.
LRTV Huawei Video Resource Center
The Challenges of Mobile Banking Implementation

5|12|17   |     |   (0) comments


Kamal Quadir of bKash Limited explains the challenges and needs of implementing mobile banking in the Bangladesh market.
LRTV Interviews
Tel Aviv: A Hub of Innovation

5|10|17   |   07:58   |   (0) comments


Light Reading's Ray Le Maistre and Dan Allen discuss the technology innovation, food and amazing sights they witnessed during a recent trip to Israel.
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
AT&T's Donovan: Women Adapt Faster Than Men
Sarah Thomas, Director, Women in Comms, 5/18/2017
Verizon on M&A: Who Needs a Cableco?
Mari Silbey, Senior Editor, Cable/Video, 5/17/2017
Standardization Needs Room for Innovation
Mitch Wagner, Editor, Enterprise Cloud, 5/17/2017
Fright Wigs & Cocktails: BCE 2017 in Pics
Mitch Wagner, Editor, Enterprise Cloud, 5/19/2017
Comcast Appears to Soft Launch First 4K DVR
Mari Silbey, Senior Editor, Cable/Video, 5/19/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
Animals with Phones
What Brogrammers Look Like to the Rest of Us Click Here
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.