Hollsys (HOLI) Tops Q4 EPS by 9c; Guides FY15 Revs

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Hollysys Automation Technologies (HOLI) Independent Director Resigns

August 13, 2014 8:13 AM EDT

Hollysys Automation Technologies (Nasdaq: HOLI) announced that Mr. Qingtai Chen has resigned as an independent director of Board of Directors the Company, effective immediately after Board approval on August 13, 2014. Mr. Chen has been a member of Directors of Board of the Company since June 2008 and resigned due to personal reasons. The Board approves the resignation of Mr. Chen from his positions as the director and the member of Audit Committee of the Board of the Company, and elected Mr. Jianyun Chai as one member of Audit Committee, thus the Audit Committee will be... More