Energy Conversion Devices shareholders to discuss possible changes with board

By Lisa Kerner

Charlotte, N.C., March 14 - Energy Conversion Devices, Inc. shareholders CCM Master Qualified Fund, Ltd., Coghill Capital Management, LLC and Clint D. Coghill said they believe the company's board of directors "should consider making changes to current management and enterprise structure," according to a schedule 13D filing with the Securities and Exchange Commission.

In addition, the shareholders plan to contact the board members to express their views.

The reporting persons beneficially own 3,865,967 shares, or 9.7%, of the company's stock as well as 400,000 warrants.

Energy Conversion Devices, based in Rochester Hills, Minn., supplies products and services to the alternative energy generation, energy storage and information technology markets.

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