GT Solar names GFI Energy executive to board

AP News
Posted: Dec 22, 2009 4:46 PM

GT Solar International Inc., a services and equipment provider to the solar power industry, said Tuesday it has named a vice president of an investment group to its board.

R. Chad Van Sweden is vice president of the GFI Energy Group of Oaktree Capital Management LP. He previously worked as an investment banking analyst at Credit Suisse First Boston and at Donaldson, Lufkin & Jenrette. At DLJ, he worked on mergers and acquisitions in the energy and power industries.

Van Sweden will replace Richard K. Landers, who is stepping down.

Shares of GT Solar, based in Merrimack, N.H., fell 6 cents to $5.88 on Tuesday.