REC chief executive Ole Enger to step down in management reshuffle

October 24, 2013
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The chief executive of PV manufacturer REC, Ole Enger, is to step down in December after 4.5 years as the company relocates key management from Norway to the US.

Following its split into REC Solar and REC Silicon, REC Silicon is now transferring its headquarters from Norway to Washington State, resulting a number of management changes.

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The board has appointed the current executive vice president for REC Silicon, Tore Torvund, as CEO and president of REC from 1 December 2013.

The current chief financial officer of REC Silicon, James May has been appointed chief financial officer of REC.

Senior vice president for REC Solar, Øyvind Hasaas, is remaining in REC Solar, taking on the role of CEO.

Chief financial officer, Kjell Christian Bjørnsen, chief legal officer, Florian Krumbacher, and senior vice president of investor relations & business development, Mikkel Tørud, will all step down from their current positions.

REC chairman of the board, Mimi K. Berdal, said: “Ole and the rest of the REC team have successfully established two world class businesses with the [REC] Solar operations in Singapore and Silicon operations in the US.”

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