Cambium Appoints Rick Dunn, Former Satellogic CFO, as Chief Financial Officer

Cambium, a Veteran Ventures Capital Fund I portfolio company and developer of high-performance advanced materials for aerospace, defense and industrial supply chains, announced on August 25 the appointment of Rick Dunn as Chief Financial Officer.

Dunn brings more than twenty years of experience as CFO of public and private companies, with a focus on scaling capital-intensive technology businesses across the space, wireless and industrial infrastructure sectors. He was most recently Chief Financial Officer of Satellogic (NASDAQ: SATL), which he guided from its Series B through its 2022 Nasdaq listing. Across his career he has raised more than $1.7 billion in debt and equity, led a business held by private equity through a $1.1 billion sale, managed numerous acquisitions and divestitures, and built finance organizations operating in 26 countries.

"Rick joins Cambium at a defining moment," said Simon Waddington, Cambium's co-founder and CEO. "As we rapidly build critical advanced materials supply chains for reindustrialization, we need a finance leader who has done this before at high-growth companies."

The appointment follows a year of expansion for Cambium, which closed a $100 million Series B in January, acquired SHD Composites, and in July announced a 60,000-square-foot rapid manufacturing center in Mooresville, North Carolina, that quadruples its domestic prepreg capacity. SHD Composites, a Cambium company, also introduced two products in August: CEM101, a cyanate ester prepreg with enhanced service temperature and dielectric performance, and the SFX740 range of surface films.

Cambium is headquartered in El Segundo, California, with four facilities across the United States, the United Kingdom and the European Union.

Sources: PR Newswire; SHD Composites — CEM101; SHD Composites — SFX740.

Portrait source: Cambium; visual treatment: VVC