New Executive Management and Board of Directors in CBD Energy (NASDAQ:CBDE)

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World’s leading solar systems supplier and diversified clean energy company – CBD Energy Limited (NASDAQ:CBDE) has issued a statement that it has appointed several new members in its Board of Directors and Executive management team. CBD’s Executive Chairman and Managing Director Mr. Gerry McGowan showed his satisfaction on the appointment of new executives and board members. He showed his confidence that the new team would ensure company’s growth objectives and market expansion.

New Chief Financial Officer of CBD Energy Limited (NASDAQ:CBDE) is Mr. Jeffery Tischler, who will be stationed at Company’s New York office.  He holds a Bachelor’s degree in Economics from the University of Rochester and is a Certified Public Accountant, NY State. He also has a MBA degree with bi-majors (Finance and Accounting) from William E. Simon School of Business at the University of Rochester. Tischler is highly experienced in capital management, handling issues associated with mergers and acquisition, keeping shareholders and stakeholders satisfied, and leading strategic planning initiatives.

Tischler has a well proven professional record. Beginning his career with KPMG, he joined Reliance Group Holdings and became VP-Financial Planning and Analysis. Later on he was appointed as CFO of Commonwealth Land Title and afterwards took over as CFO of a NYSE company-combined LandAmerica Financial Group. In his last appointment as Principal of an asset management company-Prospect Capital, he was managing assets over $ 7 billion.

Mr. Richard Pillinger, a Chartered Accountant with a degree in Production and Operations Management, is made Senior Vice President (Australia, Asia & UK). For the last three years, he remained CBDE’s CFO and as SVP is now entrusted with the challenging task of developing and implementing growth strategies (Short, medium and long term) for company’s business units in these regions.

Mr. Kevin Pollack, is made part of CBD Energy Limited (NASDAQ:CBDE) Board of Directors as an Independent Non-Executive Director and concurrently he has been appointed to Company’s Audit and Compensation Committees. Presently, Kevin is the President of Short Hills Capital LLC in addition to holding Board of Director’s seats of many public companies. He graduated from Wharton School of the University of Pennsylvania and completed his J.D and MBA from Vanderbilt University. Kevin possesses rich experience of asset management at Paragon Capital. He also worked as securities attorney at Sidley Austin and investment banker at Banc of America Securities.

CBD Energy Limited (NASDAQ:CBDE) was established in 1989 with its Headquarters in Sydney and regional offices in New York and London. As a diversified renewable energy company, it has undertaken projects spread over four continents in Australia, New Zealand, Fiji, Thailand, Italy, Germany, UK and USA. Being a Global leader in solar systems, CBDE is marketing residential and commercial solar installations as brand name Westinghouse Solar under WESTINGHOUSE® trademark.  The company has concentrated on integration of domestic solar, commercial and industrial solar and wind projects in Australia, UK and U.S. CBDE has to its credit installation of more than 17,000 residential systems and large renewable energy projects like 107MW wind farm in Taralga, NSW.

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