13.2.2006: Meldung: Evergreen Solar, Inc.: Donald M. Muir vice president and chief financial officer
MARLBORO, Mass., Feb 13, 2006 -- Evergreen Solar, Inc., a manufacturer of solar power products with its proprietary, low-cost String Ribbon(TM) wafer technology, today announced that co-founder Richard Chleboski"s role at the Company will be shifting from chief financial officer to the newly created position of vice president of worldwide expansion. In conjunction with this transition, the Company announced that it has appointed Donald M. Muir as vice president and chief financial officer, effective immediately.
Muir, 49, brings nearly three decades of professional experience to Evergreen Solar. From 1995 to 2005, he served as chief financial officer of American Power Conversion Corporation (Nasdaq: APCC) (APC), a provider of global, end-to-end solutions for real-time infrastructure. During his tenure, he helped APC, an S&P 500 company, more than triple its sales to over $1 billion, significantly expand its capital resources and complete several acquisitions.
Prior to joining APC, Muir held senior manufacturing and finance roles at Stratus Computer Inc., a publicly held provider of computer systems. Muir also previously held accounting positions with Prime Computer Inc. and Wallace Murray Corporation. Muir earned a BBA in Accounting from the University of Massachusetts at Amherst and an MBA from Boston University.
"We are very excited to have attracted a CFO of Don Muir"s caliber to Evergreen Solar," said Richard M. Feldt, president and chief executive officer. "With his years of experience leading finance teams at high-growth companies, he will be a key contributor to Evergreen Solar"s international expansion plans. We look forward to benefiting from Don"s unique blend of expertise in accounting, financing, M&A and manufacturing matters in the years ahead."
"Evergreen Solar will continue to benefit from Richard Chleboski"s insight as he takes on the challenging role of vice president of worldwide expansion," Feldt continued. "With nearly 20 years of experience in solar power, as well as extensive industry contacts, Rich is ideally suited for this newly created position. He played a key role in the formation of EverQ, our strategic partnership with Q-Cells of Germany and Renewable Energy Corporation of Norway. EverQ is constructing a 30-megawatt solar wafer, cell and module manufacturing plant in Thalheim, Germany. As demand for solar power continues to reach new heights, we will look to Rich to identify and prioritize opportunities to expand Evergreen Solar"s reach."
About Evergreen Solar, Inc.
Evergreen Solar, Inc. develops, manufactures and markets solar power products using proprietary, low-cost manufacturing technologies. The Company"s patented crystalline silicon technology, known as String Ribbon, uses significantly less silicon than conventional approaches. Evergreen"s products provide reliable and environmentally clean electric power for residential and commercial applications globally. For more information about the Company, please visit www.evergreensolar.com.
Evergreen Solar(R) is a registered trademark and String Ribbon(TM) is a trademark of Evergreen Solar, Inc.
SOURCE: Evergreen Solar, Inc.
Evergreen Solar, Inc.
Richard G. Chleboski, 508-357-2221 x7708
Sharon Merrill Associates, Inc.
Jason Fredette, 617-542-5300