Redwood City, CA--Light-emitting diode (LED) lighting company Lunera Lighting announced that Howard Bailey has joined Lunera as its new CFO and Hai Dau assumes the vice president of engineering post. Bailey has over 35 years of experience in a variety of technology related companies; Dau brings over 20 years of operations and engineering expertise; both will assume his duties immediately.
"As LED lighting continues its charge towards becoming a mainstream technology, we are fortunate to have Howard and Hai at Lunera. Howard’s experience in successfully guiding the financial operations of new technology companies will elevate the caliber of our corporate governance. Hai will ensure that our products continue to set standards for fixture quality and light quality," said Karen Owyeung, CEO of Lunera Lighting. "We are confident that both of these accomplished individuals will be instrumental in facilitating Lunera’s continued growth," she added.
Bailey’s past positions include Qpixel Technology, Inc. where Bailey was Chief Financial Officer until its acquisition by Quanta Computer in late 2010. His experience as CFO and executive operations management positions features a variety of technology-oriented companies. With a career start at global powerhouse Intel, Bailey has worked with many companies that had successful IPOs or were acquired including C-Cube Microsystems (sold to LSI Logic Corporation), Quantum Effect Devices (IPO and later acquired by PMC Sierra), and Photon Dynamics (successful IPO).
Dau was most recently VP, worldwide operations and engineering for Spire MFG, where his processes for engineering and service resulted in increased customer satisfaction, higher revenue, and greater profit margins. Prior to Spire MFG, Dau was in executive engineering and supply chain management positions at Polycom, Theranos, Occam Networks, Solectron and Photon Dynamics.
SOURCE: Lunera Lighting; www.lunera.com