German PV manufacturer SolarWorld has confirmed that Boris Klebensberger, Chief Operating Officer and member of the management board since October 2001, has left the company.
In an emailed statement, SolarWorld said that the decision last month had been mutually agreed and that the “management board and the supervisory board express their heartfelt thanks to Mr. Klebensberger for his commitment”.
The company declined to provide the reasons behind departure of Klebensberger.
Earlier this year SolarWorld appointed third party experts to review the business ahead of likely debt restructuring.
The COO functions will be handled by Gordon Brinser, President SolarWorld Industries America for its manufacturing operations in Hillsboro, US while CEO Frank Asbeck will handle those functions for the near-term in Freiberg, Germany.
In separate news, SolarWorld is to be dropped from German technology weighted stock index, TecDax based on its low stock price level.