Celestial AI Appoints Kelyn Brannon as Chief Financial Officer
Celestial AI has appointed Kelyn Brannon as its new Chief Financial Officer (CFO), effective June 3, 2024. Brannon brings over 30 years of experience in corporate finance and investor relations, having previously served as CFO at notable companies including Calix, Arista Networks, and Astra Space. She has successfully led three IPOs on major stock exchanges. Celestial AI's CEO, David Lazovsky, praised Brannon's extensive experience and believes her expertise will be instrumental in guiding the company's financial strategy.
Prior to joining Celestial AI, Brannon served as CFO of Siprocal and Astra Space, where she played a key role in their financial growth and public offerings. Brannon expressed enthusiasm about joining Celestial AI and contributing to its innovative optical interconnect technology in the rapidly expanding AI industry.
- Appointment of a seasoned CFO with over 30 years of experience.
- Brannon's successful leadership in three IPOs on NYSE and NASDAQ.
- Experience with multinational companies enhances Celestial AI’s executive team.
- Proven track record of driving financial growth and excellence.
- Brannon’s ability to foster financial stewardship in high-growth environments.
- Positive market sentiment due to Brannon's history with successful companies like Calix, Arista Networks, and Astra Space.
- Potential for enhanced investor confidence and improved financial strategy.
- No immediate financial performance improvements or metrics reported.
- Potential high expectations from investors could lead to pressure on new CFO.
- No specific mention of cost implications or financial restructuring plans.
- Lack of detail on potential risks or challenges for Celestial AI in the new CFO's strategy.
Seasoned Finance Executive Joins With More Than Three Decades Working With Leading Multinational Companies
Ms. Brannon joins Celestial AI with more than 30 years of executive leadership experience in corporate finance and investor relations, having served as CFO at national and multinational companies. Additionally, she has successfully led three IPOs on both the NYSE and NASDAQ as CFO – Calix, Inc. (NYSE: CALX), Arista Networks (NASDAQ: ANET), as well as Astra Space (NASDAQ: ASTR).
“Kelyn’s extensive experience working with a number of leading multinational companies, as well as her success in taking several companies public make her an invaluable addition to our executive team,” said David Lazovsky, Celestial AI founder and CEO. "Her impressive track record and deep financial expertise will be instrumental to help ensure Celestial AI maintains its current course. We are very excited to welcome Kelyn to our team and look forward to working closely with her, as she helps guide our financial strategy to ensure sustainable success.”
Before joining Celestial AI, Ms. Brannon previously served as CFO of Siprocal, Inc. where she focused on driving growth and financial excellence while also successfully positioning the company for fundraising and a future exit. Ms. Brannon also served as the CFO of Astra Space Inc., where she led a de-SPAC process to bring the company public.
Prior to joining Astra Space, Ms. Brannon served as CFO of Arista Networks Inc., a leader in data-driven cloud networking. During her tenure, Ms. Brannon was instrumental in building/establishing the financial foundation of the company, as well as improving the revenue run-rate from
"I am thrilled to join Celestial AI during such an exciting time for both the company and the rapid expansion of the Artificial Intelligence industry, especially as the hardware and software needed to efficiently enable widespread use of AI applications continues to grow," said Brannon. " Celestial's innovative and disruptive approach to bringing optical interconnectivity to Accelerated Computing uniquely positions the company to significantly monetize this opportunity. I look forward to utilizing my industry experience and network while working closely with the team, as Celestial continues developing solutions that help move data at the speed of light.”
In addition to her ability to foster strong financial stewardship in high-growth environments as well as her extensive financial and executive leadership experience, Ms. Brannon had recently served on the Board of iRocket in
For more information about Celestial AI and the company’s leadership team, please visit https://www.celestial.ai/.
About Celestial AI
Celestial AI is the creator of the Photonic Fabric, an optical interconnect technology platform for compute and memory. The Photonic FabricTM provides the foundational technology for optically scalable, disaggregated data center compute and memory to unleash advancements in AI with sustainable and profitable business models. If you would like to learn more about Celestial AI, please visit the company’s website at https://www.celestial.ai/
View source version on businesswire.com: https://www.businesswire.com/news/home/20240606593094/en/
Media Contact
Tyler Weiland
Shelton Group Public Relations
+1-972-571-7834
tweiland@sheltongroup.com
Company Contact
Preet Virk
Co-Founder and COO
pv@celestial.ai
Source: Celestial AI
FAQ
Who is the new CFO of Celestial AI starting June 3, 2024?
What experience does Kelyn Brannon bring to Celestial AI?
What are Kelyn Brannon's notable achievements in her previous roles?
How might Kelyn Brannon's appointment as CFO affect Celestial AI?
What technology does Celestial AI develop?
What companies has Kelyn Brannon previously worked with as CFO?
