Capstone Turbine Corporation ( NASDAQ:CPST ) announced that Kirk Petty has been promoted to senior vice president of operations after he made impressive progress in leading the company toward its cost reduction and zero-waste facility goals. "Kirk is a long-term employee of Capstone and has moved up through the organizational ranks, having worked in and led our quality organization, providing leadership of our Six Sigma initiatives, a key member of our Signature Series product launch, and remarkably led our multiple manufacturing organizations transition into a single facility," CEO Darren Jamison said in a statement. "Kirk has done an exceptional job leading all of Capstone's operations — including the manufacturing, purchasing, planning and logistics teams." READ: Capstone Turbine secures order at recycling plant in Scotland The Van Nuys, California company has a plan to achieve positive adjusted EBITDA by the June 2020 quarter.