In addition, Ms. Tracy Tianqun Zhou, currently Chief Marketing Officer, is leaving the Company to pursue personal endeavors, effective June 30, 2015. Succeeding Tracy Zhou as Chief Marketing Officer is Mr. Shihua Su, who is currently the acting Chief Financial Officer of the Company and will continue serving in such role until Mr. Ming Yang's appointment.
Mr. Yang has significant breadth of experience in corporate finance, capital markets, business development and corporate strategy. Most recently, Mr. Yang was a management consultant at McKinsey & Company, where he specialized in the cleantech and solar sectors. His work focused on such areas as corporate strategy, market strategy, performance management, risk management and growth initiatives.
Prior to that, he was vice president of business development and corporate communications at JA Solar Holdings Co., Ltd., a leading manufacturer of solar products based in China, where he was responsible for corporate strategy, business development, strategic partnerships and investor relations. Prior to JA Solar, Mr. Yang was an analyst covering the renewable energy sector at Coatue Management, a multi-billion dollar hedge fund based in New York. Before that, he was vice president and senior China analyst at Piper Jaffray based in New York and Shanghai, where he was a core member of the global cleantech team and covered the solar energy and semiconductor materials sectors.
Mr. Yang holds an MBA degree from Cornell University with concentration in finance and strategy. He also holds a bachelor's degree in electrical engineering and computer science from the University of California, Berkeley.
"We are very excited to have Mr. Ming Yang join Daqo New Energy as our new Chief Financial Officer," said Dr. Gongda Yao, Chief Executive Officer of Daqo New Energy. "Mr. Yang's deep knowledge of the solar sector and extensive experience in corporate finance and strategy will bring great value to the Company's rapid growth in the future. His previous experience includes working on Wall Street in both buy-side and sell-side capacities, and also as the head of investor relations at a U.S.-listed solar company, which will further enhance our communications with the investor communities."
"Ms. Tracy Zhou has worked with the Company for more than six years. On behalf of the board of directors, I would like to thank her for her contributions and wish her the best in her future endeavors. I also want to congratulate Mr. Shihua Su on his appointment as the Chief Marketing Officer. Mr. Su was formerly the general manager of the Company's Xinjiang polysilicon manufacturing facilities, and prior to that the Company's financial controller. He has great knowledge of the company's operations, and has done excellent work in his previous positions. We are confident that he will continue to contribute to the Company in his new role."
