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Peter Copetti resigns from POET

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Executive co-chairman steps down to pursue other opportunities

POET Technologies has announced that Peter Copetti, current executive co-chairman will be stepping down from the board to pursue other opportunities.  Copetti joined POET at the genesis of today's refocused enterprise. He has served as both executive co-chairman and interim CEO. 

"Peter has been a great partner and colleague throughout this incredible journey at POET.  He inspired me to join this team and his contributions and dedication to the restructuring of the company has lead us to our current state with a strong team, healthy balance sheet and well defined strategic roadmap.  His leadership, through our recently announced acquisition, has been commendable," said Ajit Manocha, executive co-chairman.

"I would like to express our most sincere thanks to Peter for his vision and his determination that has helped put POET on the map in the field of integrated opto-electronics", said Suresh Venkatesan, POET's CEO.  "Peter's mix of passion and business intelligence has helped establish a solid foundation for this company, as we now focus on our 'lab to fab to monetisation' path. 

"His leadership over the past four years has had a tremendous impact on this company in terms of its vision, mission and financial turnaround.  Peter leaves behind a great team at POET and he has personally been a great mentor to me".

"I am extremely pleased at what we have been able to accomplish together these past four years. I have often heard that the mark of a good leader is in establishing a solid team. I feel that I have accomplished that goal, " said Copetti. "Ajit, Suresh and their team will lead this company to new heights and I look forward to continued successes from this team as they focus on product development and achieving revenue.  I have complete belief in the management team, the Poet Technology and the DenseLight acquisition and I expect huge things from POET".

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