Brian Stone Exits Nanosolar 0

Depite still remaining on the company website, Brian Stone, a long-time senior employee of Nanosolar, is no longer with the company. (Credit a commenter on GigaOm for pointing this out.)

Bryce Yang, an employee of Mr. Stone and sales analyst at Nanosolar, verified this information. Michelle Wagner, Director of HR Operations at Nanosolar, has not returned our calls.

As one of the first wave of capital-intensive, VC-funded, next-generation thin-film solar companies, Nanosolar raised a lot of cash (more than $400 million in private equity) but was prone to over-promising and under-delivering. Faced with an economic slowdown, a precipitous decline in global module pricing, a bit of boardroom carnage that brought in a new CEO (Geoff Tate, formerly of Rambus and AMD) — the firm stayed relatively quiet in 2010 and regrouped.

Stone survived both the Martin Roscheisen era and the Geoff Tate reorganization, so it is surprising to hear of his dismissal at this point.

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