Meyer Burger recruits ex-Conergy, Q CELLS officer as CFO

• Meyer Burger has employed ex-Conergy and also Q CELLS executive Jürgen Schiffer as its new chief financial officer, entrusting him with aiding lead its transformation.

Schiffer will use up the setting on 1 October 2020, changing the retiring Manfred Häner. Schiffer will certainly also gain a seat on Meyer Burger's exec board.

While noting his experience in the solar market, Meyer Burger additionally pointed to his experience in dealing with "intricate turn-around scenarios", indicating that skillset's relevance to the firm as it embarks on its very own improvement.

Earlier this year the beleaguered PV production devices supplier validated strategies to end up being a committed heterojunction module manufacturer in Europe and the United States, ditching its provider as well as joint-venture business versions and utilizing its technology specifically in-house.

These strategies accelerated in July when it struck an arrangement to utilize manufacturing plants formerly owned by both inoperative producer SolarWorld and also Q Cells SE in Germany, sealing its European manufacturing impact.

"Jürgen Schiffer, with his profound economic expertise as well as comprehensive experience in change procedures, is the perfect individual to come with Meyer Burger in the upcoming growth stage," Franz Richter, chairman of the board of directors at Meyer Burger, stated.