Photovoltaic equipment developer Ascent Solar Technologies has appointed Gary Gatchell as its CFO. He brings over 20 years of financial management experience to the company.

Having spent the past several years as CFO of a public technology company, Mr Gatchell brings to Ascent Solar a background in public company financial reporting and internal controls. He also has experience with private and public capital funding, as well as mergers and acquisitions.

Prior to joining Ascent Solar, Mr Gatchell served as the CFO of Carrier Access, a telecommunications equipment provider. He joined Carrier Access in June 2005 to reorganize that company’s finance and administration infrastructure.

Prior to joining Carrier Access, he served as the CFO of Voyant Technologies and as an audit manager at KPMG. He is a registered certified public accountant.

Matthew Foster, Ascent Solar’s CEO and president, said: I am delighted that Gary is joining Ascent Solar to oversee our finances and financing activities. As we transition to commercialization of our thin-film technologies, I believe that Gary will quickly prove to be a very valuable member of our senior management team.