Satcon appoints new CFO

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Gomolak has been working at Satcon in several roles since May of 2008, both as a consultant handling the company's financials from 2008 to 2010, and most recently as the company's Senior Vice President of Global Operations.

Steve Rhoades, Satcon's President and Chief Executive Officer said: "I want to thank Don Peck for his important contributions to our company over the past year which enabled us to successfully recapitalize."

"I am pleased to have Aaron Gomolak as part of my leadership team as we take the company to the next level of growth and profitability," continued Rhoades. "As we intensify our expansion into new markets and geographies with our industry leading utility solar solutions, Aaron's deep international experience will be instrumental to Satcon's long-term success."

Prior to Satcon, Gomolak was with Advanced Energy Industries, Inc., a publicly traded company providing power conversion products to renewable energy markets, serving as their Vice President of Finance and Corporate Controller.

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