On January 12th, 2012 Conergy AG (Hamburg, Germany) announced that it has appointed Supervisory Board Chairman Dr. Phillip Comberg as CEO, effective immediately. Conergy had been without a CEO since October 2010.

The company also appointed Jan Vannerum as Chief Financial Officer. Vannerum will replace Dr. Sebastian Biedenkopf, who will leave Conergy by the end of February 2011.

“With joint forces, Conergy has successfully completed the financial restructuring and laid the basis for the strategic realignment," stated incoming CEO Dr. Phillip Comberg. "We are now concentrating on further expanding our strong market position."

"The Supervisory Board incumbent since September 2011 staffed the Management Board specifically from the ranks of the own management. This ensures continuity and stability for Conergy and its customers. With these changes in the Management Board, Conergy aligns more with the worldwide trends of the industry and puts the non-European markets into focus more consequently."

Marc Lohoff appointed board member, COO Alexander Gorski retained

The company has also appointed Marc Lohoff as board member, expanding his role to take responsibility for North America and the Middle East as well as his current role managing Conergy's Asia Pacific business.

Conergy states that Board Member Alexander Gorski will continue to serve as chief operating officer (COO), and has extended his tenure by two years until the end of 2014.

Appointments follow restructuring

On September 8th, 2011 Conergy announced that it would discontinue its silicon wafer and solar photovoltaic (PV) cell manufacturing at its facility in Frankfurt (Oder), Germany. The company has chosen instead to focus on module manufacturing and project development.

In the first nine months of 2011, Conergy reported an EBIT margin of -24%, and a 14% decrease in revenues over the previous year.

2012-01-16| Courtesy: Conergy AG | solarserver.com © Heindl Server GmbH

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