SunEdison appoints new CFO as incumbent departs after just two months

The troubled and bankrupt renewable energy firm announces the appointment of Philip Gund as its new chief financial officer a week after CEO Ahmad Chatila resigned.

June 29, 2016 Ian Clover

The new SunEdison CFO is Philip Gund, who replaces Ilan Daskal after only two months in the role.
SunEdison

SunEdison’s c-level merry-go-round continued this week after the company announced that its chief financial office (CFO) Ilan Daskal had stepped down after just three months at the helm.

Daskal officially resigned from his post on June 27, having been appointed CFO designee on May, replacing then-CFO Brian Wuebbels. At the time, the plan was for SunEdison and Daskal to agree upon a suitable time to remove the ‘designee’ suffix, but this week’s announcement sees Daskal leave altogether.

In his stead comes Philip J. Gund, a senior MD at Ankura Consulting Group who recently served as Chief Restructuring Officer at Vivaro Corporation.

Joining Gund as SVP Corporate Controller is Salvatore LoBiondo, another senior MD at Ankura and an individual with vast restricting experience across a range of industries, SunEdison said.

Last week, long-standing CEO Ahmad Chatila relinquished his role at the head of the firm, being replaced by John S. Dubel, who will continue to oversee the company’s restructuring.

In a separate filing, SunEdison confirmed that it will be late in filing its latest financial report.

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