Advanced Energy Industries, a manufacturer of innovative power and control technologies for the solar power industry, has named Danny Herron as executive vice president (EVP) and chief financial officer (CFO). Herron will start on 1 September 2010 and report directly to Dr Hans Betz, chief executive officer (CEO).
Herron has more than 25 years of experience in finance and operations and has spent the past 12 years of his career as CFO for renewable energy and consumer products companies. His most recent position was CFO at Sundrop Fuels, a solar gasification-based renewable fuels company based in Colorado. He previously held the positions of president and CFO of VeraSun, a corn-based ethanol company; CFO at Swift & Company, a US$10bn worldwide beef and pork producer; and CFO at ConAgra Foods Beef Division, where he managed the US$8.5bn international division.
In his role at Swift, Herron managed the company’s transition to a stand-alone company after the acquisition from ConAgra Foods. During Herron’s previous roles as CFO, his notable experience includes merging and integrating companies, raising financing and divesting non-core businesses.
Herron replaces Lawrence Firestone, who has resigned.
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