05.10.2017 13:35:44

VivoPower Appoints Carl Weatherley-White As CEO, Effective Immediately

(RTTNews) - VivoPower International Plc (VVPR), a UK-based solar power company, announced Thursday the appointment of its current Chief Financial Officer, Carl Weatherley-White, as Chief Executive Officer, effective immediately.

He will take over the Chief Executive Officer functions from Philip Comberg, who has for personal reasons, resigned as Chief Executive Officer and a member of the Board of Directors of VivoPower.

In addition, VivoPower has identified a qualified new Chief Financial Officer, who it expects to appoint shortly.

Carl Weatherley-White said, "VivoPower remains focused on building a global solar power platform and generating returns from the significant and growing pipeline of projects and global opportunities. I look forward to communicating our strategy and execution plans and delivering value to shareholders."

Weatherley-White has been a member of the VivoPower leadership team since its founding and brings more than twenty years of renewable energy transaction and execution experience to his role. Prior to VivoPower, he served as President of Lightbeam Electric Co., a renewable energy company.

Previously, he served as Chief Financial Officer of K Road Power Holdings, a portfolio company of Barclays focused on solar development. He was also Head of Project Finance at Barclays and Lehman Brothers and led renewable energy tax equity investing at Lehman Brothers and Credit Suisse.

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