Chief executive David King will take over the CFO duties while the company seeks a permanent replacement, Suntech said in a stock exchange filing.
King was Suntech’s CFO prior to becoming chief executive in August.
The Chinese company is struggling to shore up its balance sheet amid a growing shortage of cash after the plunge in panel prices eroded its margins.
Earlier this week it said it had hired UBS to “evaluate alternatives” for the $541m in convertible notes due in March 2013.
It
