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Energy Conversion Devices’ Chairman plans retirement

16 October 2007
R. StempelEnergy Conversion Devices, Inc., of which United Solar Ovonic is a wholly-owned subsidiary, has announced company Chairman Robert C. Stempel’s (pictured) intention to retire from the role at the end of the year. His retirement will be made effective at the company’s annual stockholders’ meeting on December 11th.
The Board of Directors will appoint a non-executive successor to the Chairman role from the newly-appointed directors elected at the same meeting.

Stempel, who retired from the role of CEO less than two months ago, has been Chairman of the Board for ECD since 1995.

Energy Conversion Devices, Inc. is an alternative energies solutions provider.
 
By Síle Mc Mahon
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