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Lütolf And Brändle Leave The Sinking Ship
And the Thun-based solar manufacturer is making the headlines again: Two months before the General Meeting, the two key people in the company, Chairman of the Board of Directors Remo Lütolf and CEO Hans Brändle, take off their hats. And that with unchanged bad business results and short-time work in Hohenstein-Ernstthal. By the way: Mark Kerekes should be on the Board of Directors now.
Meyer Burger's Management Is Not Doing Well In The Election Campaign
With the toleration of a threat to resign from the CEO, the management of Meyer Burger has overstepped the curve according to a legal opinion. A mutual agreement with the shareholder activists seems to be impossible, personal sacrifices are to be expected.
Meyer Burger As A Self-Service Shop
According to his own statements, Mr. Lütolf is not ready to break with the past. Therefore, he fights against an owner representative with all his might. That is the real reason Mr Kerekes rejected it. He expects his shareholders to be loyal subjects. But forgets that he owes his loyalty to the shareholders.
Thun: Meyer Burger With a Fresh Board Of Directors
At today's ordinary general meeting in Thun, the shareholders of Meyer Burger Technology AG approved all the proposals put forward by the board of directors. The previous board members Dr. Franz Richter and Andreas R. Herzog were re-elected by the General Assembly. Mark Kerekes and Urs Fähndrich were newly elected to the Board of Directors. Dr. Franz Richter was elected Chairman of the Board of Directors in a separate vote.
Ordinary General Meeting 2020 - Shareholders approve all proposals of the Board of Directors
At the Annual General Meeting, Meyer Burger confirmed that the company is now primarily focusing on setting up its own cell and module production facilities in Europe (especially Germany) as part of the review of the strategic options. In connection with this realignment, the company is in talks on specific financing options. She is working flat out on the next steps towards implementation.
Swiss Investor Takes on China in Bid to Reboot EU Solar
Meyer Burger Technology AG said it’s planning to restart module production in Germany’s “Solar Valley” from next year to feed growing European Union demand for green energy. Over the last decade, EU manufacturers have been crushed by Chinese panel makers that have grown to dominate the global market.
MEYER BURGER: KEREKES AND FÄHNDRICH ARE ELECTED TO THE BOARD OF DIRECTORS
The company is in talks on specific financing options to implement its realignment, it says. The entry into its own, large-scale production should enable Meyer Burger to benefit directly from the technology and cost leadership of the proprietary, patented heterojunction / SmartWire technology in the future. #MeyerBurger #Kerekes #MarkKerekes #UrsFähndrich #Fähndrich #SentisCapital #Sentis