MEMC Appoints New Executives

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MEMC Electronic Materials Inc. says it has made three organizational changes to its corporate leadership team.

Ken Hannah, who had served as senior vice president and chief financial officer since April 2006, has been promoted to the new position of executive vice president of MEMC and president of MEMC Solar Materials. In this role, Hannah will be responsible for all sales and manufacturing operations for polysilicon and solar wafers.

Semiconductor wafer sales and manufacturing operations will be led by Shaker Sadasivam in his new role as executive vice president of MEMC and president of MEMC Semiconductor. He has been with MEMC for 19 years, most recently as senior vice president of research and development. Sadasivam will continue as head of research and development.

Additionally, Tim Oliver has been appointed senior vice president and chief financial officer. He was most recently employed by Metavante Technologies, where he was the senior vice president and chief financial officer. Prior to joining Metavante in July 2007, he served as vice president and treasurer of Rockwell Automation.

SOURCE: MEMC Electronic Materials Inc.

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