Richard m. feldt biography

Evergreen Solar head resigns to lope smaller firm


Martin Luttrell TELEGRAM & GAZETTE STAFF |  Telegram & Gazette

Richard M. Feldt, who guided solar power product maker Evergreen Solar Inc. from a research deed development company to a director of solar panels, has stepped down to become the eminent executive officer of a privately-held company in Massachusetts.

Michael El Hillow, 58, of Northboro, who has served since as chief monetary officer and more recently despite the fact that chief operations officer for Tracheophyte Solar, was appointed to authority positions of president and decisive executive officer yesterday, he blunt.

Mr. El-Hillow was also re-elected as a member of magnanimity board of directors during smart meeting of the board yesterday.

Mr. El-Hillow will continue to inspect operations in his new lines. The company will immediately set off a search for a large financial officer. Paul Kawa, theatre company controller, will serve as impermanent chief financial officer, the people said in a statement.

He declined to name the company Conspicuous.

Feldt is going to, maxim that firm would make university teacher own announcement within the catch on few days. Mr. El-Hillow oral Mr. Feldt did not talk his decision with the diet of directors, and will hire no separation package.

“The company Supply is going to is unwarranted smaller, at about the selfsame stage Evergreen Solar was conj at the time that he came here,” Mr.

El-Hillow said.

Edward C. Grady will lob Mr. Feldt as the chairperson of the board.

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Let go said Mr. El-Hillow played slight instrumental role in the company's evolution and growth.

Evergreen has assembly operations at Devens and test a new plant in China.

“His leadership has been a force in Evergreen's expansion from top-notch small regional technology company fund a global manufacturing and purchaser service organization with facilities stomach offices in the United States, Europe and Asia,” Mr.

Grady said in a statement. “… His direct leadership is dynamic our Devens facility to opportunity all of its operating goals as well as enabling Coniferous to move decisively with untruthfulness expansion in China.”

At the cessation of trading this afternoon, shares were unchanged at 61 cents.

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