Advanced Photonix Names Jeffrey Anderson as Chief Financial Officer: Ann Arbor-based Advanced Photonix Thursday named Jeffrey Anderson its Chief Financial Officer effective Aug. 29. In connection with his appointment as the Chief Financial Officer of API, API entered into an employment agreement with Anderson on Aug. 29. Anderson's employment agreement provides, among other things, that he will receive upon the commencement of his employment a grant of restricted stock under the API 2007 Equity Incentive Plan covering 100,000 shares of API Class A Common Stock; an option to acquire 160,000 shares of API Class A Common Stock pursuant to the API 2007 Equity Incentive Plan at an exercise price per share equal to fair market value of the shares on the grant date; and a one-time relocation bonus in the amount of $50,000. The restricted stock and options granted to Anderson upon the commencement of his employment vest in quarterly installments on each of the first four anniversaries of the date of the grant. Advanced Photonix provides optoelectronic hardware, high-speed optical receivers and terahertz instrumentation for telecom, homeland security, military, medical and industrial markets. With our patented technology and state-of-the-art manufacturing we offer industry leading performance, exceptional quality, and high value-added products to our OEM customer base. For more information visit us on the web at www.advancedphotonix.com.
Valerie Brader To Lead MEDC Energy Efforts: Michigan Economic Development Corp. president and CEO Michael A. Finney today named attorney Valerie J.M. Brader the organization's new energy policy officer effective Sept. 12. As energy officer for the MEDC, Brader will work closely with the Governor's office, the Michigan Energy Office, and MEDC business development, and entrepreneur services groups to make energy policy recommendations for the state. Since April 2007, Brader has specialized in corporate and environmental law at Bodman PLC, one of Michigan's leading business law firms with 140 lawyers and five offices. She represented clients involved in a variety of matters including incentives and tax credits for brownfield and other redevelopment projects, environmental compliance, and corporate organization (including certification as a woman- or minority-owned business). During her tenure, she was the youngest person in the nation to serve as a special master to the federal court. Before joining Bodman, Brader clerked for the Hon. John Feikens, U.S. District Court. She also served as a senior environmental consultant for Booz Allen Hamilton, and she was on the staff of Gov. Phil Batt of Idaho on environmental and natural resource issues (including hydropower and endangered species). She also worked at the Idaho Department of Environmental Quality on water quality regulation development. Brader is secretary of the Board of Directors of the Women's Caring Program, and the past president of the Harvard Club of Eastern Michigan. She is a Rhodes Scholar (Keble and Idaho 1998), a recipient of the Harvard College Women's Leadership Award, and was a winner in a writing contest for the free-market Pacific Legal Foundation. Brader is a graduate of Harvard University and Radcliffe College, the University of Oxford, and Georgetown Law School. More at www.MichiganAdvantage.org.
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