Tuesday, August 5, 2014

"Suntech Power Holdings Announces Personnel Changes As Acting CFO Departs" $STPFQ

GEORGE TOWN, Cayman Islands, Aug. 5, 2014 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (OTC: STPFQ) (the "Company" or "Suntech"), through its Joint Provisional Liquidators ("JPLs") announced today that Mr. Deyong He, acting Chief Financial Officer ("CFO") of the Company, on June 25, 2014, submitted a letter of resignation, effective July 1, 2014. Mr. He will maintain his position as a member of the Board of Directors of the Company. With the departure of Mr. He, the Company's global accounting functions will leverage off existing resources, as directed by the JPLs. The JPLs are proposing to restructure the Company's global accounting functions, and manage the functions of the CFO until a candidate is selected to fill the vacancy.
CFO quit over a month ago. Very prompt notice.

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