U.S. solar power systems maker Westinghouse Solar Inc (WEST.O) said it removed Chief Executive Barry Cinnamon from his position and appointed an interim CEO, after Australia's CBD Energy (CBD.AX) struck a deal to buy the company.
In a regulatory filing, Westinghouse Solar said CFO Margaret Randazzo will replace Cinnamon on an interim basis.
Cinnamon, whose employment was terminated effective May 7, also resigned as a director, the company said, adding that Randazzo continues as chief financial officer.
Renewable energy company CBD Energy in February unveiled its plans to buy Westinghouse Solar in an all-stock deal.
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In a regulatory filing, Westinghouse Solar said CFO Margaret Randazzo will replace Cinnamon on an interim basis.
Cinnamon, whose employment was terminated effective May 7, also resigned as a director, the company said, adding that Randazzo continues as chief financial officer.
Renewable energy company CBD Energy in February unveiled its plans to buy Westinghouse Solar in an all-stock deal.
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