ReneSola announced that Maggie Ma will resign as chief financial officer effective February 28, 2018 to pursue other interests.
Following Ma’s departure, Cindy Chen will be appointed to serve as Chief Financial Officer, effective March 1, 2018.
The Company noted that Ma’s departure is not related to any issues or disagreements regarding the Company’s financial disclosures, accounting policies and practices.
Chen brings to ReneSola more than 20 years of work experience. She has held various financial roles, and has extensive experience overseeing internal financial management and equity financing activities.
Chen’s most recent work experiences include Mofang Service Group where she served as Financial Controller and Redstar Macalline Group as Deputy General Manager of Group Finance Center. Prior to these roles, she worked at IBM China for over 8 years.
Xianshou Li, ReneSola’s chief executive officer, commented, “We are very pleased to have Cindy Chen join ReneSola in the capacity of CFO. Cindy’s solid experience in financial operations and internal control is a great fit for ReneSola as we work to drive the Company toward improving financial and operational performance.”
Mr. Li added, “We greatly appreciate the contributions Maggie Ma has made during her tenure at ReneSola. We respect her decision and wish her the very best in her future endeavors.”