Ciralight Global, Inc. a leading sustainable energy company, is pleased to announce the appointment of Jarett Fenton as the company's Chief Financial Officer.Mr. Fenton will represent Ciralight to the investment community and be responsible for positioning the company to access capital markets. Mr. Fenton will also manage the financial and reporting functions at the company as well as investor relations.Ciralight CEO Jeffrey Brain stated, "I am pleased to welcome Jarett to Ciralight. As our most recent financials show, we are continuing to grow the company. Jarett brings a critical skill set that will enable us to capitalize the company, accelerate our market penetration, and ultimately become profitable."
Mr. Fenton comes to Ciralight on contract from Orchid Capital, where he serves as a director. Orchid is a fundraising and transaction advisory firm that specializes in helping small and mid-sized businesses raise capital. Mr. Fenton is a financial executive with over 15 years of corporate finance and capital markets experience. Most recently prior to Orchid, he served as Chief Financial Officer of Enova Systems, a dual listed public company with active listings on NYSE Amex and London AIM. Enova designs and manufactures clean vehicle drive systems for heavy vehicle applications.
During his four year tenure, he oversaw the execution of several multi tranche domestic and international fundraises of approximately $50M. He managed an international investor base that included bulge bracket financial institutions, conglomerate pension funds, hedge funds, insurance companies, and private investors. Prior to serving at Enova, Mr. Fenton served as Managing Director of the Clarity Group, a company he co-founded to provide SEC and Corporate Compliance consulting services. Before Clarity Group, he served as a senior associate at PricewaterhouseCoopers LLP. Mr. Fenton graduated from the University of California at Santa Barbara and is a Certified Public Accountant.
SOURCE Ciralight Global, Inc.