Northern Power names new CEO
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BARRE, VT - December 8, 2008 - Northern Power Systems, Inc., a next-generation wind energy company, announced today that John P. Danner has been appointed President and Chief Executive Officer. This appointment marks a si......BARRE, VT - December 8, 2008 - Northern Power Systems, Inc., a next-generation wind energy company, announced today that John P. Danner has been appointed President and Chief Executive Officer. This appointment marks a significant step in Northerns transformation into a major commercial force in the wind power industry. Mr. Danner brings more than 20 years of leadership experience to Northern Power and was previously President and CEO of Codon Devices. "We are delighted to have attracted a Chief Executive of Mr. Danners caliber," said John Simon, Chairman of the Board at Northern Power and Managing Director at Allen & Company LLC. Hap Ellis, General Partner at RockPort Capital Partners and Board Director at Northern, agreed: "Johns proven track record of successfully growing many different kinds of companies will be a tremendous asset for Northern." "I am very pleased to join Northern at this exciting time," said Mr. Danner. "Northern Power is a tremendous growth platform with top-notch investors, extremely talented employees, next-generation technology, and a highly promising product portfolio." Northern Power is now moving to aggressively commercialize its suite of cutting edge wind turbine technologies, highlighted by a unique combination of permanent magnet generators and direct-drive design that delivers lower unit cost, higher energy capture, and greatly reduced maintenance and downtime costs. More information...