LOVELAND, USA: Abound Solar (formerly AVA Solar), a manufacturer of low-cost, thin-film photovoltaic (PV) solar modules, has appointed Thomas Tiller as Chief Executive Officer.
Tiller comes to the company from Polaris Industries, where he served as CEO for nine years. He will assume the position of CEO effective January 18, 2010, at which point current interim CEO of Abound Solar, Doug Schatz, will assume the role of Chairman of the Board of Directors.
“In the last year, Abound Solar has reached several key milestones, including commercial production of modules and achieving product certification,” said Doug Schatz, interim CEO and member of the Board of Directors of Abound Solar.
“With Tom’s strong track record of delivering outstanding results –- both at Polaris and General Electric -- the Abound Solar Board of Directors is confident he is the best person to capitalize on that progress and build the next leading solar module manufacturer.”
“I am very excited and thankful to be given the opportunity to lead a company at the cutting edge of solar energy innovation,” said Tom Tiller, appointed CEO of Abound Solar. “Abound is uniquely positioned to leverage its proprietary manufacturing technology in reducing the cost of solar power, and I look forward to playing a significant role in the company’s continued growth.”
Prior to joining Abound Solar, Tiller was CEO of Polaris Industries, a $1.9 billion manufacturer of outdoor recreational vehicles -– including snowmobiles, ATVs, utility vehicles, and motorcycles.
While at Polaris, Tiller oversaw the introduction of more than 170 new products, which led to a doubling of its size and a tripling of its stock price. The company expanded significantly into international markets and introduced Victory Motorcycles, the first successful introduction of an American motorcycle in 60 years.