Solarfun Announces Appointment of John Breckenridge to Board of Directors
September 15 2009 - 4:30AM
PR Newswire (US)
SHANGHAI, Sept. 15 /PRNewswire-FirstCall/ -- Solarfun Power
Holdings Co., Ltd. ("Solarfun" or "the Company") (NASDAQ:SOLF), a
vertically integrated manufacturer of silicon ingots and
photovoltaic (PV) cells and modules in China, today announced the
appointment of John Breckenridge to the Company's Board of
Directors, effective immediately. Mr. Breckenridge has served on
the Company's Management Committee since the second quarter of
2009, where he has helped to oversee the Company's day-to-day
business activities and the Company's strategic direction. He has
been a Managing Director of Solarfun's largest shareholder, Good
Energies II LP, since December 2007. He joined Good Energies from
CCMP Capital Advisors, formerly known as J.P. Morgan Partners,
where he served as Operating Partner and Managing Director in both
Tokyo and New York. During his seven years at the firm, Mr.
Breckenridge was responsible for leading many of the firm's
portfolio companies, as well as advising on all aspects of the
purchase and sales of investments in the U.S., Asia and Europe.
While at CCMP Capital Advisors, Mr. Breckenridge led the
development of companies in the renewable energy, traditional
energy, industrial service, manufacturing and chemicals sectors,
among others. He also provided guidance to companies expanding into
China or other Asian countries. Prior to joining JP Morgan Partners
in Tokyo, Mr. Breckenridge was Chief Operating Officer of Densei
Lambda KK, a publicly traded Japanese corporation. Before that he
was the manager of several large divisions of Invensys plc and
Exide Electronics in the US. Earlier in his career he held
engineering, sales and general management positions at AT&T,
International Power Machines, Inc., and Strafor Facom SA. With the
appointment of Mr. Breckenridge to the Company's Board of
Directors, Dr. Philip Comberg will step down from his position as
independent director, which he has held since December 2007. The
Company also announces the promotion of Dr. Peter Xie as President
of Solarfun Power Holdings Co., Ltd. Mr. Xie has held the role of
President, China since March 2009. Along with Mr. Breckenridge and
Mr. Yonghua Lu, Peter has served on the Management Committee. He
has been actively engaged in all aspects of the Company's business,
including raw material procurement, customer relationship
management and PV module sales around the world, and the Company's
day-to-day operations. About Solarfun Solarfun Power Holdings Co.,
Ltd. manufactures ingots, PV cells and PV modules, and provides PV
module processing services to convert PV cells into PV modules.
Solarfun produces both monocrystalline and multicrystalline silicon
cells and modules. Solarfun sells its products both through
third-party distributors, OEM manufacturers and directly to system
integrators. Solarfun was founded in 2004 and its products have
been certified to meet TUV and UL safety and quality standards.
SOLF-G http://www.solarfun-power.com/. For further information,
please contact: Solarfun Power Holdings Co., Ltd. Paul Combs V.P.
Strategic Planning 26F BM Tower 218 Wusong Road Shanghai, 200080 P.
R. China Tel: 86-21-26022833 / Mobile: 86 138 1612 2768 E-mail:
Christensen Kathy Li Tel: 480 614 3036 E-mail: Roger Hu Tel: 852
2117 0861 E-mail: DATASOURCE: Solarfun Power Holdings Co., Ltd.
CONTACT: Paul Combs, V.P. Strategic Planning, Solarfun Power
Holdings Co., Ltd., +86-21-26022833, Mobile, +86 138 1612 2768, ;
or Kathy Li, +1-480-614-3036, , or Roger Hu, +852 2117 0861, , both
of Christensen Web Site: http://www.solarfun-power.com/
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