JA Solar (JASO) Announces Resignation of COO; Other Executive Management Changes
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JA Solar Holdings Co., Ltd. (Nasdaq: JASO) announced several changes in its executive management team to better position the company for continued growth.
Mr. Baofang Jin, JA Solar's co-founder and chairman of the board since the company's inception, has been named executive chairman and will assume additional responsibilities within the senior management team. Mr. Samuel Yang will remain as chief executive officer and will work closely with Mr. Jin to ensure the new management structure will be effectively implemented.
Additionally, Dr. Elmer Hsu, chief operating officer and director, announced his plan for retirement, effective immediately. Mr. Jian Xie, secretary of the board of directors, has been named vice president of sales and will act as acting chief operating officer until a replacement is found. "All of us at JA Solar want to thank Elmer for his service to the company and we wish him well," said Samuel Yang, CEO.
Also, Mr. Daniel Lui will leave his current position as chief strategy officer to become managing director of US operations.
Mr. Ray Wilson will leave his current position as vice president, sales to become managing director of European operations. [SM]
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