At
the
centre
of
the
plan
is
a
proposal
to
convert
a
€50m
($67m)
bond
placed
in
early
2011
with
a
7%
coupon
into
shares
in
the
Munich-listed
company,
while
“significantly
streamlining”
several
business
areas,
including
sales
and
administration.
Senior
management
will
also
be
“deferring”
a
significant
portion
of
their
remuneration
to
help
the
company
reach
solid
ground.
Alexander
Kirsch
has
been
chief
executive
and
chief
financial
officer
of
Centrosolar
since
2005.
The
company
says
it
will
cut
its
German
production
of
glass,
which
is
used
both
in-house
for
module
production
and
sold…
