POET Technologies Inc. announced the appointment of industry veteran, Vivek Rajgarhia as President & General Manager of the Company, while Dr. Suresh Venkatesan adds the title of Chairman to his existing role as Chief Executive Officer of POET Technologies. David Lazovsky, who has been Executive Chairman since early 2017, resigned as Executive Chair but will continue as a Director on POET’s Board of Directors. Additionally, Peter Charbonneau, a current Director of the Board will assume the role of Lead Independent Director. The changes in the company’s senior management organization come in anticipation of the closing of the sale of its Singapore-based wafer fabrication operation, DenseLight, to a Shanghai-based investor group. The closing of the sale is imminent, awaiting only the conversion of currency following the recent approval of the investor’s ODI application and transfer of funds to the Company. Vivek Rajgarhia was most recently Senior Vice President & General Manager of the Lightwave Business Unit of MACOM. Vivek joined MACOM through the acquisition of Optomai Inc., where he was the Co-Founder and CEO, representing MACOM’s initial entry into the optical business. Vivek has held senior management positions during his 30 years in the optical communications industry. David Lazovsky resigned from his position as Executive Chairman of POET and will be joining Khosla Ventures in Menlo Park, where he has been appointed Venture Partner. Concurrently, Suresh Venkatesan will assume the Chairman role. Peter Charbonneau was first elected to the POET Board of Directors in March of 2018.