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POET Technologies Names Giovanni Pacelli CFO

Globe Newswire•02/11/2026•07:00 ET
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Key Highlights

  • ➤Giovanni M. Pacelli appointed CFO, effective November 2, 2026
  • ➤Pacelli succeeds Thomas Mika, who served as CFO for ten years
  • ➤Pacelli awarded 384,615 restricted share units vesting over three years
  • ➤POET will report third-quarter 2026 financial results on November 16, 2026
  • ➤Quarterly earnings conference calls begin with fourth-quarter and full-year 2026 results

Expert Statements

Suresh Venkatesan, Chairman and CEO of POET Technologies

“Over the past decade, Tom has worked closely with me to transform POET from a small company operating on a lean budget into a well-funded commercial enterprise that has raised more than $800 million in capital. His leadership and accomplishments have helped position us for the next phase of growth”

Suresh Venkatesan, Chairman and CEO of POET Technologies

“Giovanni brings the semiconductor industry depth, public-company capital markets experience and operating discipline we need as we move into volume production. He has run the earnings process and led investor engagement at a larger public semiconductor company, and he will play a central role as we broaden our engagement with the investment community.”

Giovanni M. Pacelli, CFO of POET Technologies

“I am excited to join POET at this important stage”

Giovanni M. Pacelli, CFO of POET Technologies

“The POET Optical Interposer™ platform addresses some of the most pressing bandwidth and power challenges in AI infrastructure. My focus will be on disciplined financial execution and clear, consistent communication with our shareholders as we scale.”

TORONTO, Nov. 02, 2026 (GLOBE NEWSWIRE) -- POET Technologies Inc. (NASDAQ: POET) today appointed Giovanni M. Pacelli as Chief Financial Officer (CFO), effective November 2, 2026. He succeeds Thomas Mika, who has served as CFO for the past ten years. Pacelli comes to POET from Silicon Labs (NASDAQ: SLAB), where he was Senior Director of Finance, and brings three decades of financial leadership at public and private companies, including global chipmakers Freescale Semiconductor and NXP.

POET Technologies Inc. (“POET” or the “Company”) offers high-speed optical engines, light source products and optical modules to the artificial intelligence (AI) systems market and to hyperscale data centers. As Senior Vice President and CFO, Pacelli will oversee the Company’s financial operations and strategy, working with the executive leadership team and the Board of Directors on business performance, capital allocation and long-term value creation. Mika will remain with the Company through December 2, 2026 to support the transition.

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