LONDON Ė Mike Fister, a former manager of processor development at Intel and CEO at EDA software vendor Cadence, has been appointed CEO of privately-held Enecsys Ltd. (Cambridge, England).
Enecsys was founded in 2003 to commercialize micro-inverter technology originally developed at Cambridge University. The company is now selling solar micro-inverters and monitoring systems around the world.
Fister, has replaced Henrik Raunkjaer as CEO of Enecsys, with effect from August 22.
Fister was chairman and CEO of Stream Processors Inc. (Sunnyvale, Calif.) from April 2009 to November 2009. Prior to that Fister was CEO of Cadence Design Systems Inc. (San Jose, Calif.) from May 2004 to October 2008. And previous to that Fister was a senior vice president at Intel Corp. (Santa Clara, Calif.) where he had spent 26 years in a variety of positions with a focus on microprocessor development.
"We selected Mike as the CEO of Enecsys because of his strong technical vision, his drive to understand and meet customer needs and his leadership skills that will be key to achieving our vision and growth strategy," said Mossadiq Umedaly, executive chairman of Enecsys, in a statement. "Mike has the experience and skills necessary to make Enecsys micro inverters a world leading product and Enecsys into a world leading solar inverter company."
Fister said in the same statement: "I strongly believe that the Enecsys patented micro-inverter will help accelerate the adoption of solar electricity around the world by lowering the cost per harvested kilowatthour."
Related links and articles:
Solar micro-inverter maker raises $41 million
Twist on DSPs enters the stream
Analysis: Cadence board puts faith in one of its own