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Konarka plastics appointments
Kevin Starr of Biogen to its Board of Directors
News Release - As an independent advisor, Kevin
Starr brings a valuable understanding of corporate building and financial
strategies to Konarka
Kevin Starr - independent advisor, Board
of Directors, Konarka Technologies, Inc.
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Seattle, WA, USA--(Jobwerx)--APRIL 4, 2005--Konarka Technologies, headquartered
in Lowell, Mass., U.S.A., has added an independent director to its board
of directors this morning. Kevin Starr is a financial executive out of
the biopharmaceutical and high tech industries. Most recently, he served
as COO and CFO at Millennium Pharmaceuticals, where he was instrumental
in raising capital through strategic alliances and public financing and
driving growth through mergers and acquisitions. While at Biogen, Starr
was a key driver for a number of US and European launch activities for
that company's first proprietary product.
Starr will provide insight and strategic guidance to Konarka's senior
executive team, drawing on the significant financial, technology, business
and operating management expertise he gained in the pharmaceutical and
high technology industries.
In addition, Konarka Technologies, Inc., an innovator in developing
and commercializing power plastics that convert light to energy has
research and development subsidiaries in Austria, Germany and Switzerland.
Starr has put his proven leadership, management and technical skills,
especially in helping earlier stage organizations evolve into commercial,
product-driven enterprises, to work for two of the leading biopharmaceutical
companies in the world. At Millennium Pharmaceuticals, Inc. (Nasdaq:
MLNM), he was the chief operating officer and chief financial officer.
During his tenure, Starr was instrumental in raising critical capital
through strategic alliances and public financing and driving growth
through mergers and acquisitions. Prior to being named COO and CFO,
he served as vice president, finance, of Millennium BioTherapeutics,
Inc., a majority-owned subsidiary of Millennium, where he led strategic
financial planning and operations and played a leadership role in business
development and creating the financial infrastructure for the company.
At Biogen, Inc. (now Biogen Idec, Nasdaq: BIIB), Starr was corporate
controller and manager of financial analysis and was a key driver for
a number of US and European launch activities for the company's first
proprietary product. He also held several senior finance positions at
Digital Equipment Corp., which is now part of Hewlett Packard Company
(NYSE, Nasdaq: HPQ). He holds a Bachelor of Arts degree in Mathematics
and Business from Colby College and a Master of Science degree in Corporate
Finance from Boston College.
"Helping Konarka execute on its vision for low cost, universally available
renewable energy is an exciting opportunity," said Starr. "I'm looking
forward to being part of such a strong team with an innovative technology."
Konarka builds products that convert light to energy - anywhere. Konarka
is the leading developer of polymer photovoltaic products that provide
a source of renewable power in a variety of form factors for commercial,
industrial, government and consumer applications. Konarka's photovoltaic
nanotechnology is focused on delivering lightweight, flexible, scalable
and manufacturable products.
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