The Board of Directors also elected the members of its newly established Board Committees. Charles Sheung Wai Chan was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Audit Committee.
Xiaofeng Peng was elected as chairman and Charles Sheung Wai Chan and Jeffrey Yunan Ren as members of the Compensation Committee. Xiaofeng Peng was elected as chairman and Jeffrey Yunan Ren and Lang Zhou as members of the Nominating and Corporate Governance Committee.
"We are pleased to welcome Mr. Chan to our Board of Directors, a highly seasoned finance, audit and capital markets veteran with extensive board level experience," said Xiaofeng Peng, Chairman of SPI Energy. "The appointment of Mr. Chan and the establishment of the Board Committees reflects our strong commitment to corporate governance as we commence trading on the Nasdaq Global Select Market."
Mr. Chan joined Arthur Andersen Canada in 1977 and was admitted to the AA Worldwide Partnership in 1988. Transferred to Arthur Andersen Hong Kong/China in 1994, Mr. Chan was Head of Audit and Business Advisory Service for Greater China. After Arthur Andersen merged with PricewaterhouseCoopers, or PwC, in 2002, Mr. Chan assumed management positions at PwC, including as a partner and as a member of various committees.
He has served as a member of professional, government and regulatory committees, including the Hong Kong Stock Exchange Listing Committee, the Selection Committee for the first Legislative Council of the Hong Kong SAR and the Hong Kong Society of Certified Public Accountants. For the Hong Kong Society of Certified Public Accountants, he served as a member of its council, accounting standards committee and auditing standards committee, and was chairman of its China technical committee. Mr. Chan retired from PwC on June 30, 2012.
