Solyndra CEO Resigns

by Andrew Stiles

The Solyndra loan scandal has claimed another casualty, this time in the form of the Brian Harrison, the company’s CEO:

Brian Harrison, the chief executive of Solyndra – the solar energy firm that filed for bankruptcy last month after receiving a $528 million federal loan – has stepped down in the wake of multiple investigations into the company that threaten to tarnish the White House.

Harrison, who was among the company’s top executives to plead the Fifth repeatedly during a congressional hearing last month, “left the company as scheduled” last Friday, Solyndra reported in a bankruptcy court document filed late Tuesday and obtained by FoxNews.com. But the document didn’t offer more details on his departure and a Solyndra spokesman could not be reached for comment.

Here is Harrison “testifying” before the House Energy and Commerce Subcommittee on Oversight and Investigations:

Perhaps the thought of having to sell off his inventory of Disney-themed robots was too much for him to bear. But the company seems to have found a fitting replacement:

The company is seeking to replace him with R. Todd Neilson, who would serve as Solyndra’s chief restructuring officer. Neilson has previously served as bankruptcy trustee for former boxing star Mike Tyson and Death Row Records, which once employed Tupac Shakur, Dr. Dre and Snoop Dog, according to the filing.

More here.

Jonathan Silver, who headed the DOE loan programs that approved the ill-fated loan guarantee, resigned last week.

On the homepage, I discuss other recent developments in the ongoing Solyndra investigation.