Eckhard Rau is to takeover as CFO of German equipment supplier RENA Group.
Rau will take over from current CFO Stefan Baustert who is stepping down from RENA’s board on 31 October for personal reasons.
Rau will continue as managing director of SH+E, part of the RENA Group.
“Since Mr Rau is already familiar with many of our financial partners as a representative of SH+E and RENA, this is a choice that ensures continuity,” said Jürgen Gutekunst, CEO, RENA. “We would like to thank Mr Baustert for his commitment to RENA GmbH in recent years.”
RENA recently told PV Tech that it would be ramping up its activities in the solar sector. Peter Fath was appointed as the new managing director of the solar division of RENA.
The former chief technology officer (CTO) at centrotherm photovoltaics will spearhead RENA’s development of new cell processing techniques with a view to further driving up the efficiencies of crystalline PV equipment.
Speaking exclusively to PV Tech at EU PVSEC ahead of the formal announcement of his appointment, Fath said further innovation was required to increase PV cell efficienies.