Management and Investors
Solyndra was led by Brian Harrison, a veteran of Intel Corporation. He took the reins on 27 July 2010 when founder Chris Gronet was replaced as CEO.
Major investors included George Kaiser Family Foundation, U.S. Venture Partners, CMEA Ventures, Redpoint Ventures, Virgin Green Fund, Madrone Capital Partners, RockPort Capital Partners, Argonaut Private Equity, Masdar and Artis Capital Management.
In 2009, the company posted $100 million in revenue. It was estimated that its production and sales growth could lead to a market cap between $1.76 - 2 billion. In 2010, revenues were approximately $140 million.
Other company executives were Bill Stover, CFO; Karen Alter, SVP of Marketing; Corby Whitaker, VP, Sales United States; John Gaffney, Corporate Counsel; and Ben Bierman, EVP Operations and Engineering.
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