– USA, OH – Energy Focus, Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, today announced the election of three new directors, Ronald D. Black, Glenda Dorchak and Marc J. Eisenberg.
At its annual meeting of stockholders held on July 22, 2015 at the Company’s headquarters in Solon, Ohio, stockholders elected eight members to serve on the Company’s Board of Directors, including new members Ronald D. Black, Glenda Dorchak and Marc J. Eisenberg.
Ronald D. Black, Ph.D. is the Chief Executive Officer and President and a board director of Rambus Inc. (NASDAQ:RMBS), a Silicon Valley based technology company that develops advanced semiconductor memory and security products, as well as LED lighting technologies. Dr. Black has over 20 years of experience managing businesses and leading companies in the global semiconductor and mobile communications industries. He spent the first ten years of his career at IBM Microelectronics and Motorola Semiconductor Products, and progressed rapidly to general manager and business unit manager roles in both companies. Dr. Black brings to the Energy Focus board extensive leadership, organizational and operating insights from various global high-tech industries.
Glenda Dorchak is an experienced public board director with extensive operating experience as a corporate executive with leading global technology companies including Intel Corporation and IBM Corporation. Ms. Dorchak has been on the board of Mellanox Technologies (NASDAQ:MLNX) since 2009. She is also an Operating Advisor to OMERS Private Equity and is on the Strategic Advisory Board for BDC Capital Industrial, Clean and Energy Technology Venture Fund. Ms. Dorchak most recently was Executive Vice President of Spansion, Inc., a company that designs, develops and manufactures flash memory microcontrollers, missed-signal and analog products, as well as system-on-chip solutions which was acquired by Cypress Semiconductors in 2014. Ms. Dorchak brings to Energy Focus expertise in scaling up entrepreneurial, technology operations across global markets, as well as a wealth of corporate governance experiences for private and public companies.
Marc J. Eisenberg is the Chief Executive Officer and a member of the board of directors of ORBCOMM Inc. (NASDAQ:ORBC), a global provider of machine-to-machine satellite communications offering asset monitoring and messaging services. Mr. Eisenberg was part of a group that purchased ORBCOMM in 2001 when it posted virtually no annual revenues and subsequently became a member of its core management team in restructuring and growing its business to $30 million in annual sales in 2008, when Mr. Eisenberg was appointed the company’s Chief Executive Officer. Under his leadership, ORBCOMM’s annual revenues have been growing consistently and are projected to exceed $170 million in 2015. With his track record in building ORBCOMM from an upstart to a market leader, Mr. Eisenberg brings to Energy Focus extensive experience in global marketing, strategic planning and mergers and acquisitions.
“Ron, Glenda and Marc have all played key leadership roles and obtained inspiring accomplishments in high-tech, business-to-business, and fast growing companies that successfully disrupted the status quo, and we are extremely fortunate and thrilled to have them join our Board of Directors,” said James Tu, Executive Chairman and Chief Executive Officer of Energy Focus, Inc. “Energy Focus is dedicated to replacing fluorescent lighting with our industry leading, energy efficient tubular LEDs with disruptive value propositions, and has reported double-digit quarter-over-quarter sales growth throughout 2014 and into 2015. We look forward to learning from and leveraging on the wide gamut of powerful business experiences our new board members are bringing to Energy Focus as we continue to pursue massive and lightening LED adoptions in our targeted verticals, including military, government, healthcare, education, retail and industrial markets.”
About Energy Focus, Inc.
Energy Focus, Inc. is a leading provider of energy efficient LED lighting products and a developer of energy efficient lighting technology. Our LED Lighting products provide energy savings, aesthetics, safety and maintenance cost benefits over conventional lighting. Our long-standing relationship with the U.S. Government continues to enable us to provide energy efficient LED lighting products to the U.S. Navy and the Military Sealift Command fleets. Customers include national, state and local U.S. government agencies as well as Fortune 500 companies and many other commercial and industrial clients. Company headquarters are located in Solon, Ohio with additional sales offices in Washington, D.C., New York and the United Kingdom.
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