Tore Torvund, executive vice president for REC Silicon since 2009, will take the reins from Enger as chief executive of the new REC - today officially renamed as REC Silicon.

REC chief financial officer Kjell Christian Bjørnsen will be replaced by James May, currently chief financial officer of REC Silicon.

REC Silicon saw its third-quarter operating loss halve to NKr135m($22.9m), as revenues grew 6% year-on-year to NKr738m.

REC