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SOLON, Ohio, July 23, 2015 (GLOBE NEWSWIRE) -- 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 Ronald D. Black
Dr. Black has served as the Chief Executive Officer and President of Rambus Inc. since June 2012 and as a Director of Rambus Inc. since July 2012. Rambus Inc. is a technology solutions company that captures, secures and moves data. Its customizable IP cores, architecture licenses, tools, services, and training improve the competitive advantage of its customers' products while accelerating their time to market. Dr. Black was previously the Managing Director of R.D. Black & Company, a consulting firm, since August 2011. From September 2010 to August 2011, Dr. Black was the Chief Executive Officer of MobiWire, formerly Sagem Wireless, a privately-held mobile handset company headquartered near Paris, France that offers products and services to original equipment manufacturers and mobile network operators in the mobile phone marketplace. He has also served as executive vice president of the Client Systems Group at Agere Systems and has held a number of senior executive roles at other companies, including Motorola and IBM Microelectronics. Dr. Black holds a Bachelor of Science, a Master's of Science, and a Ph.D. in materials science and engineering from Cornell University in Ithaca, N.Y.
About Glenda Dorchak
Ms. Dorchak was Executive Vice President and General Manager of Global Business for Spansion, Inc., a Sunnyvale, California based flash memory provider from April 2012 to June 2013. From January 2009 until September 2010, when it was acquired by Red Bend Software, Ms. Dorchak was the Chief Executive Officer and Vice Chairman of VirtualLogix, Inc., a Sunnyvale, California based provider of virtualization software for wireless and embedded devices. Prior to VirtualLogix, Inc., she served as Chairman and Chief Executive Officer of Intrinsyc Software International, Inc. from August 2006 to November 2008 where she had also served as an independent director September 2003 to December 2004. Ms. Dorchak was an executive with Intel Corporation from 2001 to 2006, including serving as Vice President and Chief Operating Officer of Intel Corporation's Communications Group; Vice President and General Manager of Intel's Consumer Electronics Group; and Vice President and General Manager of the Broadband Products Group. Her career began with IBM in 1974 through to 1993 where she held multiple positions including Director and general manager PC Direct. Glenda is an advisor to OMERS Private Equity, on the strategic advisory board for BDC Capital Industrial, Clean and Energy Technology Venture Fund, and belongs to the National Association of Corporate Directors.
About Marc J. Eisenberg
Mr. Eisenberg is Chief Executive Officer and a Director of ORBCOMM Inc., positions he has held since March 2008. ORBCOMM is a global provider of machine-to-machine solutions, including network connectivity, devices and web reporting applications. He previously served as its Chief Operating Officer from February 2007 to March 2008, Chief Marketing Officer from June 2006 to February 2007and Executive Vice President, Sales and Marketing from March 2002 to June 2006. Prior to joining ORBCOMM, Mr. Eisenberg was Senior Vice President with Cablevision leading the company's retail group. Mr. Eisenberg holds a Bachelor's of Science degree in Marketing and Management from New York University.
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. For more information, see our web site at www.energyfocusinc.com.
CONTACT: Energy Focus, Inc. (440) 715-1300 email@example.com or Darrow Associates, Inc. Investor Relations Peter Seltzberg 516-510-8768 firstname.lastname@example.orgNEXT ARTICLE
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