The supervisory board of PV inverter provider SMA Solar Technology AG has appointed Lydia Sommer chief financial officer. She will also serve on company's managing board.
Beginning Nov. 1, Sommer will take responsibility for finance and legal duties from Pierre-Pascal Urbon, who was previously responsible for these areas as part of his combined role as speaker of the managing board and chief financial officer. Urbon will continue to serve as speaker of the managing board, concentrating on business strategy and internationalization.
Sommer comes to SMA from the Siemens Group, where she has held various management positions in the field of finance and controlling both in Germany and elsewhere.