Wisconsin fusion technology firm SHINE Technologies LLC has named former Marquette Medical/GE Medical Systems executive Dr. Frederick Robertson to its board of directors.
According to a company press release, Robertson has extensive executive experience. He was the director and CEO of TomoTherapy, a cancer imaging company in Madison, until it was acquired in 2011. Robertson also served as the CEO and president of GE Marquette Medical Systems, the chief clinical officer of GE Medical Systems, and the president and CEO of Marquette Medical Systems.
As an M.D., Robertson was on the anesthesiology faculty at the University of Wisconsin School of Medicine and Public Health until retiring in 2018.
Robertson currently sits on the boards of the University of Wisconsin Foundation, the Morgridge Institute for Research, Ensodata Inc., Elucent Inc., Saranas Inc., Virtual Incision and Zurex Pharma Inc.
“He’s been a trusted advisor to the company and the board for years,” said SHINE Technologies CEO Greg Piefer in the release. “The timing is right to bring him on the board to help us scale to the next level as we transition from development to operating and growth.”
Janesville-based SHINE Technologies is a private, fusion-focused company that uses neutrons to image and inspect the integrity of equipment used in sectors such as aerospace and defense. Its website makes clear its intention to develop a system to recycle waste generated by fission reactions, the form of radiation used by nuclear power plants. Playing into a much broader conversation, SHINE Technologies’ “Believe in the Future” phase is directed at pioneering a fusion-generated, clean energy source.
Previous Business Journal reporting has SHINE Technologies raising a total of $650 million from both private investors and public funding. Last April, the company brought on two board members, Holli Ladhani and Janet Wong, emphasizing their experience with publicly traded companies. The SHINE board also includes Thomas "Rock" Mackie, a co-founder of TomoTherapy, and former Republican U.S. Rep. Paul Ryan, a former Speaker of the House.
