Satcon Appoints New CFO, Offers Him $2.33M In Stock Options

Satcon Technology, a manufacturer and supplier of utility-scale power conversion equipment, has appointed Donald Peck  as chief financial officer, effective immediately.

Before joining Boston-based Satcon, Peck was chief financial officer and treasurer at Egenera, a data center virtualization company.

As part of his compensation package Peck is getting about  $2.33 million in stock options or about 1 million company shares, the company said in a statement released today shortly after markets closed — see here for the full press release.