Conergy to see new CFO by November

Dr. Sebastian Biedenkopf has been named by the company’s Supervisory Board as Spiekerkötter’s successor. The company added that the former General Counsel will take over the finance department as of November 1, and already from September 1, will ensure a proper transition as a member of the Board of Directors at the side of Spiekerkötter.

During the reorganization Spiekerkötter was already working with Biedenkopf. Biedenkopf was substantially involved in the Conergy capital increase in 2008 and in the contract negotiations with the supplier MEMC. He was also intensively involved in the refinancing discussions. “Dr. Biedenkopf,” stated Conergy’s chairman of the Supervisory Board, Norbert Schmelzle, “has proven his ability for this new challenge – and can seamlessly take up the successful work of Dr. Jörg Spiekerkötter. We have thus initiated a proper transition and appointed an internationally experienced company insider for this crucial board position.”

Spiekerkötter added: “After three years the time has come for me to place my office in new hands. I am pleased that the Supervisory Board of Conergy AG has followed my suggestion of naming Mr. Biedenkopf.”

Biedenkopf joined the company in July 2008 as Head of the Legal, Compliance, Grants & Subsidies as well as Insurance divisions. He was previously with Maxingvest AG in Hamburg and Bertelsmann AG in Gütersloh and New York.