Art Buckland Hired as New CEO of Sunovia
Sunovia Energy Technologies, Inc., a clean-tech company specializing in LED lighting and solar technologies, announced that Art Buckland has joined Sunovia’s management team as the company’s Chief Executive Officer effective September 7, 2010.
The company states that Buckland’s leadership has resulted in corporate turnarounds, hundreds of millions of dollars of revenue growth, billion-dollar increases in book value, IPOs and LBOs. He has raised $175 million in private and public capital while starting nine companies, completed 36 M&A transactions worth over $1.45 billion, and turned around seven companies. He has 24 years of experience serving on public company boards. Buckland has led profitable growth and innovation in energy and clean tech for many years. He guided some of the first developments of Smart Meters in the 1980s, using his semiconductor background working with a diverse array of utility companies and municipalities. Recently, in his two years at Soliant Energy, Buckland pioneered the development of a strategic vision for the next generation of solar panels that could generate distributed electricity at utility costs without government subsidies.
Buckland brings broad experience in operations and governance to Sunovia. His industry experience spans renewable/solar and traditional energy companies (Schlumberger, Enertec, Solartron and Soliant), advanced semiconductors (CP Clare, Texas Instruments, Engim, and Fairchild), supply chain and value-added distribution (Lex, Indivers, and Richardson Electronics), and capital equipment (Teradyne, Fairchild Test, Applicon, and FourPi). Buckland has held CEO, CFO and Board Chairman roles in startups as well as NASDAQ, NYSE and LSE companies.
Buckland stated, "I am excited to be joining the Sunovia team as Chief Executive Officer. I have spent my career developing and growing companies within the semiconductor and related systems markets, and the incredible potential of Sunovia’s proprietary technologies and products is very clear. The opportunity to lead a company with this much potential while uniquely operating in this large and dynamic clean-tech energy space and poised for rapid growth, is an ideal fit for my talents and experience. I expect to grow Sunovia efficiently and effectively to realize the tremendous value that has already been created in EvoLucia, and look forward to the challenge of realizing the value in our solar initiative soon after that. I am truly excited to be joining such a talented team, and look forward to collaborating with our great group of investors as we work to grow and achieve our mutual goals."
Carl Smith, continuing Chairman of the Board and outgoing CEO of Sunovia, stated, "We retained the services of C-T Partners, a world renowned executive search firm, and interviewed a number of qualified and highly talented candidates. I am pleased to announce that Art was our top candidate, and that he was equally enthusiastic to accept the opportunity to lead Sunovia."
