CHANGZHOU, China, Jan. 31 /Xinhua-PRNewswire-FirstCall/ -- Trina Solar Limited (NYSE: TSL - News; "Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, founded in 1997, announced today the following management changes at the Company:
Mr. Terry Wang has joined the Company as Senior Vice President of Finance of Trina Solar. Mr. Wang has 20 years of extensive experience in international financial operations and management in technology and manufacturing industries. Prior to joining Trina Solar, Mr. Wang served as the Executive Vice President of Finance of Spreadtrum Communications, Inc., a fabless semiconductor company listed on NASDAQ. Prior to Spreadtrum Communications, Mr. Wang served as CFO of a silicon valley based technology company and controller at one of the world's largest NASDAQ-listed semiconductor assembly and testing companies. Mr. Wang, who is a Certified Management Accountant (CMA) and Certified in Financial Management (CFM), holds an MBA in Finance from the University of Wisconsin.
The Company also announced the appointment of Mr. Jason Chan as Vice President, Legal Affairs, who will report directly to Jifan Gao. Before joining Trina Solar, he served as Legal Counsel of The9 Limited, a NASDAQ- listed company based in Shanghai. Mr. Chan attended City University of Hong Kong and has been qualified as a solicitor in Hong Kong since 1997.
At the same time, the Company announced that the Board of Directors of Trina Solar has accepted Mr. Sean Shao's resignation as Chief Financial Officer effective March 31, 2008 to pursue other interests. Mr. Terry Wang will be appointed Chief Financial Officer of Trina Solar immediately upon Mr. Shao's departure.
Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar, said, "We greatly appreciate the unique contributions Sean made during his tenure here. He established and improved Trina's financial management and internal control systems, and is credited in building a strong finance team exemplified by international best practice and culture. We respect his decision and wish him and his family the very best with his future endeavors."
"We are also pleased to have Terry joining our executive management team," said Mr. Gao. "His depth of financial, accounting and operational experience will be invaluable to Trina Solar and will further bolster our strong financial management track record. We are fortunate to have Terry in place working with our audit committee to ensure an orderly transition."
"It has been a great privilege to have worked with the outstanding management team at Trina Solar," stated Mr. Sean Shao. "The Company accomplished a great deal over the past several quarters and I have been grateful to be part of this talented team."
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