Hercules Technology Growth Capital names CFO

PALO ALTO, Calif. (AP) -- Specialty finance company Hercules Technology Growth Capital Inc. said Jessica Baron will become chief financial officer after being interim CFO since June.

Baron was named interim CFO after David Lund resigned on May 31.

Hercules Technology Growth Capital invests in and lends money to public and privately held companies in fields such as clean technology and life sciences. It also lends money to private equity and venture capital firms.

The company said it chose Baron as CFO job after reviewing internal and external candidates. She joined Hercules in 2006 as controller and was promoted in 2010 to vice president of finance. Baron earlier worked in finance roles at Cisco Systems Inc. and Levi Strauss & Co.

Shares of Hercules Technology Growth Capital rose 2 cents, or less than 1 percent, to close at $10.88.