Suntech Power (STPFQ) interim CEO and CFO Weiping Zhou announced his resignation from the company as STPFQ stock rose.
Zhou cited personal reasons for his departure from the solar energy company. He was acting as director, interim CEO, interim CFO and President at the time of his resignation. Suntech will announce new management pending final review by the company’s board of directors and Joint Provisional Liquidators.
Suntech designs, develops, manufactures and markets photovoltaic products for commercial, industrial and utility applications. The company’s mission is to provide people with solar energy which is the cleanest and most abundant energy source in nature.
STPFQ stock is up 1.66% in early afternoon trading Thursday.