RENA changes name and CEO

March 17, 2015
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PV wet chemical equipment and materials supplier, RENA GmbH has changed its name to RENA Technologies GmbH and appointed a new CEO as the company prepares to exit insolvency proceedings that will result in Jürgen Gutekunst, founder and former CEO of RENA GmbH leaving the company. 

RENA Technologies via its major shareholder, Capvis has acquired the business operations of the insolvent RENA group through an asset deal, which mean that no liabilities are assumed by the newly created RENA technologies. 

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RENA Technologies said in a statement that new owner Capvis and Gutekunst, jointly decided not to continue working together in the new company.

The new CEO is Lorenzo Giarré with around 20 years of high-technology, mostly semiconductor equipment supplier experience. 

Bernd Kessler, Chairman of RENA Technologies GmbH, said “We are delighted to welcome Lorenzo Giarré as CEO of RENA Technologies GmbH only two weeks after the formal incorporation of this new company which emerged from the insolvency process of former RENA GmbH. Lorenzo shares the same passion for technology, innovation, operational excellence and customer service and is well familiar with our international target markets.”

Andreas Simon, Partner at Capvis and Member of Advisory Board of RENA Technologies GmbH said: “Lorenzo's strong customer and market focus ideally blends in with the existing technology leadership and the extremely capable and passionate workforce of the new RENA Technologies GmbH.”

Giarré holds a Masters degree in Physics (Msc Phys.Eng.) from the Swiss Federal Institute of Technology, Lausanne/ Switzerland, and an MBA from IMD International, Lausanne/Switzerland. 

He served last as CEO of ISMECA (2005-2014), a global leader for chip testing and inspection equipment. Mr. Giarré was instrumental in the successful turnaround of this subsidiary of Schweiter Technologies AG, Switzerland. Before (2002-2005), he served as Vice President Sales & Marketing at ESEC, a world leader for chip packaging equipment, a subsidiary of Oerlikon AG/Unaxis at the time. His previous assignments included the management of a business unit, functions in product management as well as marketing & sales in the telecom and semiconductor industries.

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