Bookham Appoints Financial Boss

ABINGDON, England -- Bookham Technology plc (Nasdaq: BKHM) (LSE: BHM) today announced that Steve Abely has joined the company as Chief Financial Officer (CFO). Mr. Abely has over 20 years' experience in senior financial positions in various US technology companies. Most recently, Mr. Abely has been CFO of Arescom Technology, a private broadband access equipment provider, based in California. From 1994 to 1999, he was first CFO and then President of StorMedia, a component supplier to the disc drive industry, leading its IPO and secondary offering, which raised $210 million and closing $175 million in debt financing arrangements. While at StorMedia, Mr. Abely installed the administrative and financial infrastructure enabling StorMedia to triple revenues while establishing four manufacturing sites in the Asia Pacific region with 3,000 employees. He has also negotiated acquisitions, leveraged buyouts and managed divestitures.Bookham Technology PLC