Wang replaces Shi as Suntech chair

Suntech has been toppled as biggest module supplier

Suntech has been toppled as biggest module supplier

Shi Zhengrong has been replaced as chair of the board of Suntech – the Chinese PV giant he founded – by fellow director and former Solectron executive Susan Wang.

Shi will remain a director of Suntech, where he was also chief executive until last August before stepping aside in favour of current CEO David King.

Wang worked for contract manufacturing group Solectron – subsequently bought by Felxtronics – for almost 20 years until 2002 as executive vice president of corporate development and chief financial officer.

Wang said: "Suntech's board and management team are focused on resolving critical capital structure initiatives and charting Suntech's path forward as a leading supplier of solar products."

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