POET Technologies Gets a New CFO Ahead of Its Nov. 16 Earnings Report

POET Technologies Inc. (NASDAQ:POET) appointed Giovanni M. Pacelli as chief financial officer, effective Nov. 2, succeeding Thomas Mika, who has held the role for the past ten years.

• POET shares are trending higher. Why is POET stock trading higher?

POET Names Silicon Labs Finance Executive Giovanni Pacelli as CFO

Pacelli joins POET from Silicon Labs Inc. (NASDAQ:SLAB), where he was senior director of finance. He has three decades of financial leadership experience at public and private companies, including chipmakers Freescale Semiconductor and NXP. At Silicon Labs, he spent more than eight years in financial analysis, strategic planning and investor relations, led planning for its last two Analyst Day events and expanded its sell-side coverage.

As senior vice president and CFO, he will oversee POET’s financial operations and strategy, working with the executive team and the board on business performance, capital allocation and long-term value creation. Mika will stay with the company through Dec. 2 to support the transition.

"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," said Dr. Suresh Venkatesan, POET’s chairman and CEO. He said Pacelli brings the semiconductor depth and public-company capital markets experience the company needs as it moves into volume production.

In connection with his appointment, Pacelli received 384,615 restricted share units, which vest in thirds on the first, second and third anniversaries of the grant.

POET To Report Third-Quarter Results Nov. 16 and Plans Quarterly Calls

POET will report third-quarter 2026 results on Monday, Nov. 16. Beginning with its fourth-quarter and full-year 2026 results, the company intends to host an earnings conference call each quarter, with Pacelli participating alongside the executive team. Analysts expect POET to report a loss of 7 cents per share along with revenue of $1.60 million.

POET Shares Edge Higher

POET Price Action: At the time of publication, POET shares are trading 1.15% higher at $5.26, according to data from Benzinga Pro.

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