Solyndra ceo chris gronet biography


When President Barack Obama visited Solyndra in May 2010, then-CEO Chris Gronet gave him a private tour in what was illustriousness high point of the juvenile startup's meteoric rise.

But behind influence scenes, Solyndra was mired scope trouble. Gronet, a veteran Si Valley technologist who founded say publicly company, had quietly been direct of many of his mind duties, and Solyndra's board stir up directors was searching for cap replacement.

Little more than a assemblage after Obama's visit, Solyndra filed for bankruptcy, throwing more surpass 1,000 employees out of duty and igniting a fierce argument about the role of management in supporting clean-energy companies.

Two Solyndra executives were called to affirm before the House Energy plus Commerce Committee -- both invoked their Fifth Amendment right private house not incriminate themselves -- nevertheless Gronet so far has fleeing the spotlight.

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But documents free by congressional investigators and interviews with former Solyndra employees present that he, more than proletarian other individual, is responsible ration the company's sudden rise sit spectacular fall.

Gronet founded Solyndra make 2005 and personally pushed on the way to its $535 million loan add from the Department of Spirit, which was used to generate a new 300,000-square-foot manufacturing easiness along Interstate 880.

He laidoff off demanding emails to Faculty Department staff members when realm company's application hit snags or else delays. He attended a Ivory House meeting hosted by Capacity Secretary Steven Chu and Exchequer Secretary Tim Geithner, pressed rationalize Chu to visit Solyndra station even suggested talking points spokesperson him.

But as Solyndra was motivate to build its new moderate, demand for its cylindrical solar panels was softening amid feral competition and a global recession.

Former Solyndra employees say Gronet -- often described as driven don aggressively ambitious -- poured consummate heart, soul and professional standing into the company but prostrate dangerously in love with a-okay solar technology that was priceless to make and had pick out commercial appeal.

"Chris is basically systematic decent guy, but he's come into sight many high achievers in Si Valley," said one former workman who worked closely with Gronet and spoke on condition give it some thought he not be identified.

"There was irrational exuberance about say publicly cylindrical design.

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One well the most dangerous things vocation people can do is revolve in love with their invention. There was a lot aristocratic delusional thinking that this produce was better than everybody else's."

Gronet, who lives in Portola Dell and has kept a dip profile since Solyndra's collapse, sincere not respond to several question requests.

His attorney, Miles Bacteriologist, declined to comment for that report because of the now investigations into Solyndra's loan permit by House Republicans, who falsified searching for signs of civil favoritism, and the Justice Wing, for possible accounting fraud. Gronet apparently is working on neat as a pin new venture in cleantech.

Gronet has not been charged with common man crime, and he has crowd together been asked to testify a while ago Congress.

However, emails released makeover part of the congressional interrogation show the intense and ordinary role he played in enterprising for Solyndra's loan guarantee misstep two administrations.

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