Business Services Industry

SunEdison Appoints Reed Hundt, Former FCC Chairman, to the Board of Directors

Business Wire, Oct 10, 2008

BELTSVILLE, Md. -- SunEdison, North America's largest solar energy services provider, today named former Federal Communications Commission Chairman Reed Hundt as a non-executive, independent board member.

A senior advisor for McKinsey & Company, Hundt also serves on the board of directors of Intel Corporation, Infinera, and Data Domain. He is also a member of the board of Tropos Networks, Telegent Systems, Vanu, Inc., and the non-profit Public Knowledge.

"Reed's commitment to join the SunEdison board of directors is an honor," noted David Buzby, SunEdison CEO and Chairman of the Board. "His national regulatory leadership, his expertise in corporate governance and his passion for contributing to a more independent energy policy in the United States will all be very valuable to us. We're pleased to be working with him."

"SunEdison pioneered the solar energy services model, which has dramatically changed the solar industry and allowed world-class companies to purchase solar as a service without incurring upfront capital costs. SunEdison is a well-positioned leader in this industry and I'm proud to offer my guidance to its mission - to make solar a meaningful energy resource," said Hundt.

Hundt holds B.A. History, magna cum laude, from Yale College, honors with exceptional distinction in history and a J.D. from Yale Law School.

About SunEdison

SunEdison LLC is North America's largest solar energy services provider and operates across a global marketplace. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers. For more information about SunEdison, please visit www.sunedison.com.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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