9 October 2022: REC Silicon ASA ("REC" or the "Company") is pleased to announce
that Mr. Jeong Ryul Yun has been appointed as the new Chief Financial Officer of
the REC group.
Mr. Yun has more than 25 years of experience from financial and managerial
positions within the Hanwha group, focusing on executive management, financial
reporting and control, and business development and strategy. He was most
recently Executive Vice President of Hanwha Solutions / Q-cells, and prior to
that Head of Business Development of Hanwha Corporation/Global.
Kurtis Levens, President and CEO of REC Silicon, said:
"I am very pleased to have Mr. Yun join the REC executive management team. He
has a very strong financial background, which he combines with relevant
international sector experience. I believe his experience and background will
bring value to the group as a whole, and I look forward to working together with
Mr. Yun to further position and grow the REC business."
Mr. Yun has an MBA in Corporate Finance from the Ohio State University and a MA
from Yeonsei University in Seoul, South Korea. He also has an American Institute
of Certified Public Accountant certificate from the California Board of
Accountancy.
Mr. Yun replaces Mr. Douglas J. Moore, who has been acting as interim CFO for
REC Silicon since November 2021. Mr. Moore will continue as a key member of the
REC Silicon group finance team.
Nils O. Kjerstad, IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@crux.no.
About REC Silicon:
REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics industries
worldwide. We combine over 30 years of experience and proprietary technology
with the needs of our customers, with annual production capacity of more than
20,000 MT of polysilicon from our two US-based manufacturing plants. Listed on
the Oslo Stock Exchange (ticker: RECSI), the Company's registered address is in
Lysaker, Norway.
For more information, go to: www.recsilicon.com.
This is information is subject to the disclosure requirements pursuant to
Section 5-12 the Norwegian Securities Trading Act.