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REC's Organizational changes

published: 2012-01-12 17:52

Renewable Energy Corporation ASA (REC) is making changes to Group Management, and the management of REC's Wafer/Solar division will as a final step of an ongoing decentralization process move from Oslo to Singapore and Munich.

Mr. Alessandro Perrotta has been employed as Executive Vice President Wafers, Cells & Modules and will be a member of Group Management, with a base in Singapore. Perotta holds master degrees from US universities within electrical engineering and business administration, and he has worked for Motorola and Amphenol Corporation where he served both in Asia and in the US as Corporate Vice President and Group General Manager in the Mobile Consumer Product Division, and as a member of the Corporate Management team. "I am very pleased to welcome Alex to REC and I am sure that his deep knowledge of the consumer electronics industry as well as his extensive experience from Asia will be important in developing REC's competitive position", Ole Enger says. Perrotta will join REC on February 1, 2012 and take over the formal responsibility from John Andersen, Jr. on March 1.

John Andersen, Jr. will continue as EVP & Group COO, and member of REC Group Management.  Andersen, Jr. will with his experience from the PV industry and as a central member of the corporate management team support the continued development of the company.

Mr. Florian Krumbacher has been appointed SVP & Chief Legal Officer and member of Group Management, after Kristine Ryssdal, who has decided to leave REC.  Krumbacher holds legal degrees from the University of Munich and the London School of Economics and was Group General Counsel at ADVA AG Optical Networking in Germany before he started to work for REC in May 2010. Krumbacher will resume the responsibility as of March 1, 2012.

After these organizational changes REC Group Management will consist of the following members;

Ole Enger, CEO

Tore Torvund, EVP Silicon

Alessandro Perrotta, EVP Wafers, Cells & Modules

Bjørn Brenna, EVP & Chief Financial Officer

John Andersen, Jr., EVP & Group COO

Øyvind Hasaas, EVP HR and Organizational Development

Florian Krumbacher, SVP & Chief Legal Officer

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