SAN JOSE, Calif. — Echelon Corp. has announced the appointment of Bill Slakey to the position of executive vice president and chief financial officer (CFO). Slakey succeeds Oliver “Chris” Stanfield, who will retire but stay through a transition period. In addition, Echelon announced that C. Michael Marszewski has been appointed principal accounting officer reporting to Slakey.

“We’re very excited to welcome Bill to the Echelon team,” said Ron Sege, chairman and CEO, Echelon. “With his financial acumen, solid operational background, and strategic insight, Bill will be a key asset as we continue to scale the company and extend our worldwide operations.”

Sege added, “Chris’ tenure delivered excellent financial stewardship, ensuring a ‘built to last’ company. On behalf of the board of directors and Echelon’s team members, I thank Chris for his contributions and wish him the best.”

Echelon noted that Slakey is a seasoned executive with over 20 years of experience. He previously served as CFO at public companies including Extreme Networks, Handspring Inc., and WJ Communications, and at private technology firms including LiveOps, SnapTrack Inc., and Tropos Networks.

Echelon Corp. is creator of the LonWorks device networking platform for building, industrial, and home automation. For more information, visit

Publication date: 11/28/2011