It has long been expected that SunEdisons restructuring under bankruptcy protection would involve a change in executives, and today that came true at the highest level. After seven years of leading SunEdison CEO Ahmad Chatila has stepped down, as revealed in a filing with financial regulators.
According to this filing Chatila resigned from his position as CEO, his board membership and all other positions on June 16, with the resignation effective today. Chatila has been replaced as CEO by restructuring expert John S. Dubel, who was appointed Chief Restructuring Officer in April, and will continue in that role.
"Our priority is to focus on SunEdison's core strengths and work to create a more streamlined and efficient operator better positioned and more appropriately capitalized for a competitive future, stated Dubel in SunEdison press release.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.