- Dave Keck resigned as CEO of GT Advanced Technologies and his resignation was accepted effective September 15, 2016
- New CEO Greg Knight was previously employed with GT as director of process engineering
- In the meantime, Knight had turned started his own consulting firms for the PV industry, Exawatt and PV Tech Group
US based GT Advanced Technologies has brought on a new Chief Executive Officer for its business. Greg Knight has replaced Dave Keck as the CEO of the polysilicon technology supplier.
Keck had resigned from his position, which was accepted by the company’s board of directors. The company gave no reason for the resignation. Knight took over from September 15, 2016.
Knight was previously employed with GT as director of process engineering between 2006 and 2010. He also started his own ventures Exawatt and PV Tech Group, consulting firms , which provided strategic marketing and technology advisory services to the industry.
GT also affirmed its renewed focus on PV technology through its roadmap. It includes advanced technologies and processes for CZ ingot growth, advanced directional solidification platforms, as well as next-generation polysilicon and silane technologies.
On his appointment, the new CEO said, “The solar industry is at an inflection point, where significant cost-down opportunities have reached their limits and the market needs technologies that deliver ever greater efficiency. GT’s unique positioning in photovoltaics presents a number of exciting opportunities to work with our world-class roster of customers and partners to drive the necessary technical innovation in solar and to generate significant growth for the company.”
In March 2016, the US based company completed its financial restructuring emerging from Chapter 11. It was provided $80 million of exit financing by a group of financial sponsors. GT Advanced Technologies has been a solar industry leading production equipment maker for polysilicon CVD reactors and directional solidification furnaces for multicrystalline ingots.