Being a CEO at Nanosolar has proved to be a short-lived affair on numerous occasions since the departure of its co-founder and first CEO, Martin Roscheisen. The company said that Eugenia Corrales, who joined the company in May, 2010, to serve as the executive vice president of engineering and operations, but became CEO in January 2012, had departed the company to pursue other ventures. Corrales had replaced Geoff Tate who was said to have retired after barely two years at the company.
In the latest shuffle, Guido Polko the current executive chairman of Nanosolar's board of directors was said to be taking a more active role, though no further details were provided.
Not surprisingly, the role of CEO has been put to one side, while the newly created position of president and chief operating officer will be filled by Karl Steigele, a former IBM executive.
“We want to thank Eugenia Corrales for her substantial contributions to Nanosolar, with respect to the build-out of the manufacturing capabilities and the commercialization of Nanosolar's first product,” commented Guido Polko.
The company is also expected to announce the completion of the largest PV power plant yet to use its CIGS modules at EU PVSEC, in a few weeks.