Written by Jennifer Kho
The greentech industry appears to be undergoing a round of corporate shuffle, according to several announcements about new executives in the last week.
In perhaps the most talked-about change,
last week switched out its chief executive, Ze'ev Drori, for the company chairman,
[a division of <b>eBay</b> <span class=" TICKERFLAT">(<a href="/quote/EBAY.html">EBAY</a> - <a href="http://secure2.thestreet.com/cap/prm.do?OID=028198&ticker=EBAY">Get Report</a><a class=" arrow" href="/quote/EBAY.html"><span class=" tickerChange" id="story_EBAY"></span></a>)</span>] founder and SpaceX CEO Elon Musk.
While personnel changes and new hires are nothing new, this current crop of announcements seems heavier than usual. Could the increase be a sign of things to come as companies position themselves to succeed in a weakened economy?
In another example, solar-panel manufacturer
named Dennis V. Arriola as its chief financial officer and senior vice president.
Arriola -- who plans to work with the current chief financial officer, Manny Hernandez, until he retires in January -- previously held the same positions at
San Diego Gas & Electric
Southern California Gas Co.
Meanwhile, Aaron Thurlow, who was a regional sales manager for SunPower Corp., told
on Thursday that he left the company to become the global sales channel manager for
National Semiconductor Corp.'s
(NSM - Get Report)
renewable energy segment.
The large power-management semiconductor company in July announced it was bringing a new chip-based technology -- called SolarMagic -- to the market that could potentially increase the amount of electricity that solar panels can produce by up to 50 percent.