GreenVolts, a developer of concentrating photovoltaic technology, has promoted company founder Bob Cart to a full-time position as executive chairman. He will also serve as chairman of the board of directors.
In this new role, Cart will focus on the strategic vision and direction of GreenVolts. These duties will include work on government relations and strategic alliances. Chief Financial Officer Gary Beasley has assumed the additional responsibilities of president and CEO on an interim basis.
Cart founded GreenVolts in 2005 after several successful stints as a founder and CEO at a number of other ventures. He developed the technology and business plan behind GreenVolts after maintaining and troubleshooting commercially available solar panels used for his sea voyage from San Francisco to New Zealand.