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[August 04, 2014]
SolarCity Appoints Semiconductor Veteran Brad Buss as Chief Financial Officer [Global Data Point]
(Global Data Point Via Acquire Media NewsEdge) "This is a tremendous addition to the executive team -- Brad brings a combination of experience in semiconductor manufacturing, project finance and other key disciplines that we've been unable to find in any other executive," said Lyndon Rive. "Brad is a perfect fit for SolarCity's next stage of growth as we vertically integrate manufacturing to significantly lower the cost of solar electricity." "As CFO for the past two and a half years, Bob Kelly has played a key role in the development of our structured finance blueprint," continued Rive. "We thank Bob for his contributions and wish him well in the future." Buss served Cypress Semiconductor as chief financial officer from August 2005 to June 2014 and oversaw a range of significant achievements -- from the IPO of the company's SunPower subsidiary to the issuance of the company's first dividend. Prior to joining Cypress, Buss served as vice president of finance at Altera Corp., and prior to that, as CFO of Wyle Electronics' Atlas Services Division. Buss also served as a member of Cisco Systems' worldwide sales finance team, and as chief financial officer at Zaffire Inc. Mr. Buss is currently a member of the board of directors and audit committee chairman for both Tesla Motors and Cafepress.
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