Suntech Announces Departure of CCO

Suntech Power Holdings Co., Ltd. (NYSE: STP) today announced that Andrew Beebe, Suntech’s Chief Commercial Officer, has resigned for personal reasons. Mr. Beebe will remain with the Company for a couple of months to facilitate the transition of global sales and marketing to the CEO’s office going forward.

“Andrew has been a passionate advocate for Suntech and for the global adoption of solar energy,” said David King, Suntech’s Chief Executive Officer. “Under his direction, we have expanded our global sales footprint and become the world’s first PV brand to deploy 7GW of solar products. We wish him success in his future endeavors and thank him for his contributions.”

Suntech’s regional heads representing Europe, Americas and APMEA, will report directly to David King. Suntech currently does not intend to hire a new Chief Commercial Officer.

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