Alphabet Energy Appoints Mike Fawkes to Board of Directors
Mr. Fawkes brings deep experience in scaling a business, supply chain operations, and cleantech corporate governance.
HAYWARD, Calif. (PRWEB) July 12, 2012
Alphabet Energy Inc., innovator of thermoelectric products for waste-heat recovery, has appointed Michael Fawkes, a Silicon Valley veteran, to its board of directors. Mr. Fawkes´ career has included senior finance and supply chain responsibilities at Hewlett Packard, where he was responsible for one of the largest supply chains in the technology industry, as well as board of director positions at several successful cleantech companies, including Tesla. Mr. Fawkes will provide critical scale-up knowledge and supply-chain leadership to Alphabet Energy.
“Michael is the perfect addition to our board as he brings decades of experience running major business units at HP, as well as experience in the governance of successful companies,” said Matt Scullin, Alphabet´s CEO.
“The team at Alphabet has done a tremendous job in developing a product breakthrough for thermoelectrics. The revenue generation potential is huge and I look forward to working with the Alphabet team to realize this significant opportunity,” said Mike Fawkes.
In addition to his duties as a director of Alphabet Energy, Mr. Fawkes serves as an independent director for Saba Software, a NASDAQ-listed company. Mr. Fawkes is also an independent director for Ekso Bionics, an industry-leading medical technology company, and a member of the board of directors for the non-profit Cradle-to-Cradle Products Innovation Institute.
From February 2008 through January 2012, Mr. Fawkes served as an operating partner with Vantage Point Capital Partners, focusing on the cleantech and information technology areas. While at Vantage Point, Mr. Fawkes represented Vantage Point on the boards of Adura Technologies, Klipsch Audio, Switch Lighting, Tesla Motors, and others.
From 1979 through 2007, Mr. Fawkes was a senior executive at Hewlett Packard. Most recently, he was SVP of global operations for HP´s $29B imaging and printing group. He also had responsibility for HP´s worldwide supply chain, consumer support, and environmental organizations. Mr. Fawkes also had an extensive career in financial management at HP, holding positions as controller/CFO for several HP businesses. Prior to joining HP, Mr. Fawkes worked in the public accounting sector as a CPA. Mr. Fawkes holds a bachelor´s degree in accounting and a master´s degree in finance from the University of Iowa.
Alphabet´s fabless semiconductor approach to thermoelectrics
Thermoelectric materials are semiconductors that, when placed in a temperature gradient, generate electricity in the solid state. A distinguishing characteristic of Alphabet Energy´s approach to waste-heat recovery is its use of silicon as its thermoelectric heat-to-power technology. Alphabet´s efficient silicon-based technology leverages established and readily available silicon infrastructure and expertise; Alphabet is the leader in this approach. Tapping into existing know-how and capacity in the semiconductor and MEMS industry enables the company to iterate quickly through prototype phases and achieve scale faster by operating as a “fabless” semiconductor manufacturer and lean startup. Alphabet´s breakthrough thermoelectrics can be used to turn heat directly into electricity in applications ranging from power generation, to heavy industry, automotive, aerospace, and military.
About Alphabet Energy Inc.
Alphabet Energy is commercializing breakthrough, inexpensive waste-heat recovery products. Alphabet aims to offer the most modular and scalable heat-recovery technology available, and to tap into the potential $100 billion market for the conversion of medium- and high-grade waste heat into electricity – offsetting as many as 500 million metric tons of carbon per year. Alphabet Energy won four awards at the 2009 Cleantech Open business competition: runner-up, National Prize; winner, National People´s Choice Award; winner, California region Energy-Efficiency Prize; winner, California region Sustainability Prize. For more information, see http://www.alphabetenergy.com and @alphabetenergy on Twitter.
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