Peter Mak, an independent director and chairman of the audit committee of the Company, has resigned from the Company's board of directors and audit committee effective July 10, 2011 to focus on other personal and professional pursuits.
Jerome Corcoran, an independent director of the Company, has been appointed as chairman of the audit committee of the board to replace Mak. Corcoran previously served as a member of the audit committee of the board from December 2006 to April 2010.
Corcoran has many years of experience in finance and investments, having served as a managing director at Merrill Lynch's China Private Equity Group in Beijing and a managing director and the head of international investment banking of Merrill Lynch in New York and London. He also serves on the compensation and corporate governance and nominating committees of the board.
Yeung Kwok On, an independent director of the company, has been appointed to replace Mr. Corcoran as chairman of the corporate governance and nominating committee of the board.
Qian Zhao, an independent director of the company, has been appointed to the corporate governance and nominating committee of the board to replace Mak.
"We greatly appreciate the contributions that Peter has made to the company," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "We are confident that Jerry's years of experience in the financial industry will be of great value to the audit committee."
