Gerhard Rauter Resigns from Executive Board of Q-Cells SE

Gerhard Rauter has stepped down from his position as a member of the Executive Board of Q-Cells SE at his own request effective immediately. The Supervisory Board of Q-Cells approved his decision in its meeting on May 4, 2011.

Rauter held the position of COO at Q-Cells since October 2007 and was most recently responsible for production and technology. His key accomplishments during this time include professionalizing cell production in Thalheim and successfully setting up cell production in Q-Cells´ production site in Malaysia, as well as module production using thin-film technology (Solibro). He also developed the solar module portfolio in cooperation with international external production partners.

The Supervisory Board would like to express its sincere appreciation to Rauter for his performance, even in the difficult reorganization phase during 2009, and wishes him all the best for the future.

Rauter’s responsibilities will be assumed by CEO Nedim Cen for the time being. Jirko Lohse and Peter Wawer will support the CEO in production and technology matters, respectively.