BNET Industries
Last Fiscal Year Sales:$163.8M
- Public
- US
Dow Jones Description
Advanced Lighting Technologies, Inc. (ADLT) was formed in 1995 to be a vertically integrated corporation. This allows us to provide our customers unparalleled innovation and synergy to the worldwide lighting market. ADLT is committed to producing and marketing materials, components and complete lighting systems to the world.
Number of Employees 1,168
Peer Companies
NAICS Code Electric Lamp Bulb and Part Manufacturing: 335110
News & Analysis
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advanced lighting technologies inc. - All News and Analysis
Margin calls spur Adv. Lighting execs' timely trading.(Advanced Lighting Technologies Inc.)(Brief Article)(Statistical Data Included)
When Advanced Lighting Technologies Inc. chairman and CEO Wayne R. Hellman sold more than 8% of his stock in the company during the weeks prior to the announcement of a major divestiture, it might have raised some eyebrows. When Advanced Lighting director Louis Fisi...
Advanced Lighting eyes $61M Solon deal. (Advanced Lighting Technologies Inc.; Solon, Ohio)
Advanced Lighting Technologies Inc. in Twinsburg is considering a $61 million building renovation and capital investment project in Solon that will create more than 130 jobs at the maker of metal halide lighting products. The project has been outlined in applications for tax reductions filed...
Adv. Lighting buys into fiber optics firm. (Advanced Lighting Technologies Inc.)
Advanced Lighting Technologies Inc. in Twinsburg hopes a recent investment in a California supplier of fiber optic lighting will light the way to further earnings growth. The maker of metal halide lighting products last month bought 630,111 shares of Fiberstars Inc. of Fremont, Calif. Advanced Lighting...
Lighting up the place: Twinsburg company turns on lamp market. (Advanced Lighting Technologies Inc.)
A Twinsburg company that specializes in bringing the brilliant illumination of metal halide lights to public venues such as stadiums, highways and parking lots has set its sights on the home market. Advanced Lighting Technologies Inc., through its Microsun Technologies division, is preparing to launch a...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Wayne R. Hellman | CEO |
| Sabu Krishnan | Coo |
| Steven C. Potts | CFO, Treasurer & Secretary |
| Wayne Vespoli | Chief Financial Officer |
| James L. Schoolenberg | Vice President |
| Lee A. Bartolomei | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Christian L. Oberbeck | Board of Directors |
| Richard A. Petrocelli | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | CEO | Current |
| Advanced Lighting Technologies, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | Coo | Current |
| Advanced Lighting Technologies, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | CFO, Treasurer & Secretary | Current |
| Advanced Lighting Technologies, Inc. | Board of Directors | Current |
| Advanced Lighting Technologies, Inc. | Treasurer & Secretary | Former |
Wayne J. Vespoli is Chief Financial Officer of Advanced Lighting Technologies, Inc. in Cleveland, Ohio, an innovation-driven designer, manufacturer and marketer of energy efficient light sources. Prior to joining Advanced Lighting, Mr. Vespoli was a principal in a turnaround consulting firm, where his responsiblities included both financial and operational assignments. His experience also includes long-term international assignments for U.S. based multi-nationals, as well as audit practice.
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | Chief Financial Officer | Current |
| Ohio.Com | Chief Financial Officer | Current |
| Advanced Lighting Technologies, Inc. | Board of Directors | Current |
| Triplestream Line Conditioner | Board Director | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Advanced Lighting Technologies, Inc. | Vice President | Current |
Mr. Oberbeck is a Managing Director of Saratoga Partners. He holds directorships with several Saratoga portfolio companies including Data Return, Advanced Lighting, STC Wireless Resources, CommSoft and Koppers Industries. Mr. Oberbeck was formerly a director of USI Holdings Corporation and J&W Holding Corporation. Mr. Oberbeck, 46, joined Dillon Read and Saratoga Partners from Castle Harlan, Inc., a corporate buyout firm which he joined at its founding in 1987 and where he was a managing director. At Castle Harlan he served on the boards of directors of Delaware Management Holdings, Inc., a $29 billion asset management firm, MAG Aerospace Inc., a privately held aerospace company, and Truck Components, Inc., a manufacturer of wheel-end components for the heavy duty truck industry. Prior to joining Castle Harlan, he worked in the Corporate Development Group of Arthur Young and in corporate finance at Blyth Eastman Paine Webber. Mr. Oberbeck graduated from Brown University in 1982 with a BS in physics and a BA in mathematics. In 1985, he earned an MBA from Columbia University.
| Organization | Position | Status |
|---|---|---|
| Data Return, LLC | Managing Director, Saratoga Partners | Current |
| Saratoga Partners LP | Managing Director | Current |
| Commsoft | Director | Current |
| Advanced Lighting Technologies, Inc. | Board of Directors | Current |
| EUR Systems | Director | Current |
| Nat, Inc. | Director | Current |
| Koppers Holdings Inc. | Director | Current |
| Data Return, LLC | Director | Current |
| Warburg Dillon Read | Managing Director | Former |
| Castle Harlan, Inc. | Managing Director | Former |
| Saratoga Partners LP | Founder | Former |
| Saratoga Partners LP | Partner | Former |
| Dillon Read | Team Member | Former |
| Saratoga Partners LP | Team Member | Former |
| Arthur Young, Inc. | Corporate Development Group | Former |
| U.S. Navy | officer | Former |
| Blyth, Inc. | Former | |
| U.S.I. Holdings Corporation | Director | Former |
| Delaware Management Holdings Inc. | Board of Directors | Former |
| Columbia University | Mba | Former |
| Brown University | Ba | Former |
| Northwestern University | AB degree and pursued graduate studies in business administration | Former |
| Princeton University | AB degree and pursued graduate studies in business administration | Former |
Mr. Petrocelli, the Chief Financial Officer of Saratoga Partners, joined the Firm in 1998 from Gabelli Asset Management, Inc. At Gabelli, Mr. Petrocelli was a Vice President in the corporate finance department with a primary focus on the Company's alternative investment business. Prior to that, he was a senior accountant at BDO Siedman.
| Organization | Position | Status |
|---|---|---|
| Saratoga Partners LP | Chief Financial Officer | Current |
| Data Return, LLC | Chief Financial Officer, Saratoga Partners | Current |
| Advanced Lighting Technologies, Inc. | Board of Directors | Current |
| Commsoft | Director | Current |
| EUR Systems | Director | Current |
| Data Return, LLC | Director | Current |
| GAMCO Investors, Inc. | Vice President in the corporate finance department | Former |
| Data Return, LLC | Managing Director, Saratoga Partners | Former |
| Saratoga Partners LP | Managing Director | Former |
| Sericol, Inc. | Director | Former |
| NYU Stern School of Business | MBA | Former |
| New York University | Mba | Former |
| Georgetown University | Bs | Former |
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