DayStar Technologies Inc. announced that Stephan DeLuca will take over for John Tuttle as CEO. Tuttle will continue to serve as Chairman of the Board.
DeLuca served as vice president of worldwide sales and business development for Inficon Holding AG before joining DayStar in April as chief operating officer.
Switzerland’s Inficon Holding AG manufactures vacuum instrumentation, critical sensor technologies and process control software for the semiconductor and related industries.
From start-up through DayStar’s critical development stage, John’s vision and energy, as Founder and CEO, have contributed immeasurably to the Company’s emergence as a noted contender for market leadership in the fast growing photovoltaic industry,” stated Dr. Randolph Graves, Jr., DayStar’s Lead Director. “Since joining us in April, we have been impressed with the progress achieved in operations during Stephan’s tenure as COO. Based on his success and expertise in managing corporate environments, we are confident that, as DayStar’s new CEO, he is ideally suited to successfully navigate the Company’s ongoing transition into a commercial manufacturing enterprise.”
“With this corporate management shift, I hope to concentrate my strengths on helping to develop strategies essential to the realization of DayStar’s objectives,” stated Dr. Tuttle. “As Chairman, I remain committed to ensuring that DayStar succeeds in its endeavor to ultimately achieve GW-scale manufacturing, and I am confident that Stephan will provide the continued leadership necessary to take the Company forward.”
DayStar Technologies, Inc. is an emerging leader in low cost, high efficiency Photovoltaic Foil(TM) that converts sunlight into energy. The Company manufactures CIGS solar cells, which are deposited on flexible metal foils using production processes adapted from the semiconductor and magnetic drive industries. As an alternative to wafer-silicon solar cells, DayStar believes the unique combination of its CIGS solar cell design coupled with proprietary manufacturing processes on flexible metal substrates could substantially lower costs and remove deployment barriers currently limiting large adoption of solar energy.