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Jeannine Sargent, new CEO of Oerlikon

03 Oct '07
4 min read

OC Oerlikon Corporation AG, Pfäffikon, a global manufacturer of production systems, components and services for high-tech industrial applications, continued to strengthen its commitment to its solar business by announcing that technology industry veteran, Jeannine Sargent, has been named to the newly created position of chief executive officer (CEO) of Oerlikon Solar, putting all solar-related business under one umbrella.

The photovoltaics industry has been growing at a rate of 20 percent to 30 percent per year over the last decade, and industry analysts estimate momentum should continue at a two-digit pace until 2030.

Such projections lend credence to the overall strength of the industry as Oerlikon works toward one of its overall goals of bringing technologically and economically leading solar energy solutions to the world market.

"Jeannine's unique combination of management, marketing and business development experience make her an outstanding choice to guide Oerlikon Solar into the future as we continue to strengthen our lead in the global solar market," said Dr. Uwe Krüger, CEO of Oerlikon.

"Demand for sustainable alternative energy has led to the tremendous growth of the solar energy market. The addition of Jeannine to our already experienced solar team further strengthens Oerlikon's ability to lead the way in making solar energy an environmental and economic reality. We welcome her to the team and look forward to her leadership."

"I am pleased to join Oerlikon and participate in advancing the company as a market leader in solar energy solutions," Sargent said.

"There are synergies and lessons learned to apply toward technology investment and product development between the emerging solar market and the complex, fast-paced industries of semiconductors, communications and nanotechnology that I have contributed to over the years. I look forward to leading this business to new levels."

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