Solyndra CEO Resigns

HEADS ROLL

Updated Apr. 24, 2017 2:32PM EDT / Published Oct. 13, 2011 2:47PM EDT

Paul Sakuma / AP Photo

The Solyndra scandal has claimed its biggest victim yet. The California solar-energy company filed papers in court Wednesday announcing that its CEO, Brian Harrison, had resigned last Friday. Harrison had sought bankruptcy protection for the company after it received a $528 million loan from the Obama administration. While the troubled company said Harrison had considered resigning even before the bankruptcy, Solyndra Inc. filed the papers yesterday in response to the Justice Department’s move to investigate the bankruptcy case. Harrison and Solyndra’s chief financial officer, W. G. Stover, have refused to answer questions before a House committee regarding the loan.

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Solyndra CEO Resigns

Paul Sakuma / AP Photo