TUCSON, Ariz.--(EON: Enhanced Online News)--SOLON Corporation, one of the largest crystalline silicon solar manufacturers in the U.S. and a fully owned subsidiary of SOLON SE, today named Michael F. Lauer as Vice President of Finance and Edward J. Wegener as Vice President of Operations. Both Lauer and Wegener will be integral members of the SOLON Corporation executive team, strengthening the company’s strategic and financial growth while maintaining superior efficiency and performance across the organization.
“We look forward to the outstanding leadership they will provide, as they uncover and drive new growth opportunities and ensure SOLON’s reputation for operational, product and service excellence.”
“SOLON is proud to welcome two esteemed industry executives such as Michael and Edward to our team. Both are joining the Company during a time when SOLON is progressing with tremendous momentum,” said Dan Alcombright, Regional Vice President and General Manager of North America, SOLON Corporation. “We look forward to the outstanding leadership they will provide, as they uncover and drive new growth opportunities and ensure SOLON’s reputation for operational, product and service excellence.”
Lauer brings 16 years of corporate finance and lean manufacturing experience from Fortune 500 companies to his role at SOLON. Most recently, Lauer was CFO at Securaplane, a subsidiary of Danaher Corporation. During his tenure, Lauer was instrumental in cost optimization initiatives and in substantially improving capital efficiency. Prior to that, Lauer held executive finance positions at organizations in the fiber optic and gaming industries, where he led financing and sales-leaseback activities, and where he was a catalyst in driving growth.
Wegener has 25 years of management experience in the solar and solar glass industries. He previously served as Manager of AGC North America’s Solar Glass Business Unit where he held a P&L responsibility for the unit. He oversaw development and commercialization of several new products for the crystalline silicon, thin film and CSP markets. Prior to that, Wegener managed AGC’s coating operation in Abingdon, VA, and held various general and operations management positions for Minneapolis based Apogee Enterprises Inc.
About SOLON Corporation
SOLON Corporation (www.SOLON.com), a subsidiary of SOLON SE and part of the SOLON Group, was founded in 2007 as part of SOLON’s initiative to develop the North American market. The subsidiary has built its own production facilities in Tucson, Arizona with a capacity over 100 MWp, where it manufactures UL-certified solar modules for the N.A. market. The SOLON Group's core business is the manufacture of solar modules in various performance categories and the construction of turnkey solar power plants. The SOLON Group employs 900 people worldwide and has subsidiaries in Germany, Austria, Italy, the US and Switzerland.