Leadership re-shuffle as Timminco digs for profitability

Facebook
Twitter
LinkedIn
Reddit
Email

Canadian silicon metal producer Timminco has promoted its executive management team following the recent resignations of president and chief operating officer, John Fenger, as well as executive vice president, finance and chief financial officer, Rob Dietrich.

General counsel and corporate secretary Peter Kalins will take on the additional role of president, reporting to Doug Fastuca, chief executive officer.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Former manager, treasury and risk management, Greg Donaldson, has been appointed to replace Mr Dietrich, also reporting to Fastuca.  Donaldson spent six years with PwC Canada in the Assurance and Financial Advisory Services groups and will be Timminco's most senior financial officer.

“I am very pleased that Peter and Greg have agreed to assume expanded responsibilities within our organization and look forward to their contributions as part of the new management team's efforts to return Timminco to profitability” Mr. Fastuca said.

Both Fenger and Dietrich resigned to pursue other career opportunities. Fenger has agreed to serve as a senior advisor to Timminco for certain projects.

Chairman of the board, Heinz Schimmelbusch, extended his sincere thanks to his former colleagues and wished them well in their new endeavours.

A steep decline in polysilicon prices (as much as 80% in 2009) has hurt Timminco's bottom line.  In November of 2009 the company said in a statement regarding its third quarter financial results that the lack of demand for UMG-Si would continue into the “foreseeable future, thereby subjecting the Company to substantial liquidity risk and creating uncertainty as to the ability of the Company to continue as a going concern.”

Read Next

Premium
October 10, 2025
Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.
October 10, 2025
The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.
October 10, 2025
US solar recycling firm OnePlanet has achieved the R2v3 certification from electronics sustainability non-profit SERI, which represents the “highest standards of traceability”.
October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK