Philip Fan, independent director and board member at Suntech Power Holdings has resigned his position with immediate effect, according to an SEC filing.
Fan had been recruited to the ailing company during former CEO David King’s leadership in March, 2013. He was formerly an executive director of China Everbright International.
The company did not give any further details behind the resignation. Suntech Power Holdings is effectively in bankruptcy, including claimed subsidiaries not acquired by Shunfeng Photovoltaics as part of the acquisition of Wuxi Suntech from Chinese administrators.