Trina Solar Announces Management Changes

Oct 07, 2010, 08:00 ET from Trina Solar Limited

CHANGZHOU, China, Oct. 7 /PRNewswire-Asia-FirstCall/ -- Trina Solar Limited (TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced today management changes at the Company.

The Company announced it has accepted the resignation of Mr. Sean Tzou as its Chief Strategy Officer. Mr. Tzou's resignation, which was made in order to pursue other personal interests, will be effective October 27, 2010.

The Company announced that Ms. Stephanie Yang Shao has joined the Company as Chief Human Resources Officer on September 15, 2010, reporting directly to Chief Executive Officer, Mr. Jifan Gao. Ms. Shao brings to Trina Solar more than 15 years of global experience in FORTUNE 500 companies and expertise in key human resources ("HR") areas, including corporate and international recruitment, performance management and organization development. Ms. Shao will oversee Trina Solar's overseas HR management system and compensation and benefits for its employees globally.

Before joining Trina Solar, Ms. Shao worked at Colgate-Palmolive (New York) in various roles, including the position of Global Employee Relations & Engagement Director. Prior to Colgate-Palmolive, she worked at Bristol-Myers Squibb and The Dun & Bradstreet Corporation in functions related to HR, marketing, and business development.

Ms. Shao holds a Doctorate degree in Social & Organizational Psychology from Rutgers University and received an Executive Education in Marketing Management from the Graduate School of Business of Columbia University in New York.

"We greatly appreciate the numerous contributions Sean made through his management tenures," said Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar. "Under his leadership, Sean helped to establish and expand key operational areas during our important growth phase and instilled high standards of international best practice and work culture."

"We are very excited to welcome Ms. Stephanie Yang Shao to join Trina Solar's management team," said Mr. Gao. "As the next three years will see the development of Trina Solar's next phase of globalization, need exists to further develop and improve the company's organizational skills and team capabilities, while strengthening our corporate culture. We look forward to Stephanie playing a significant role in promoting these achievements."

About Trina Solar Limited  

Trina Solar Limited (NYSE: TSL), through its wholly-owned subsidiary Changzhou Trina Solar Energy Co. Ltd., is a well recognized manufacturer of high quality modules and has a long history as a solar PV pioneer since its foundation in 1997 as a system installation company. Trina Solar is one of the few PV manufacturers that have developed a vertically integrated business model from the production of monocrystalline and multicrystalline silicon ingots, wafers and cells to the assembly of high quality modules. Trina Solar's products provide reliable and environmentally-friendly electric power for a growing variety of end-user applications worldwide. For further information, please visit Trina Solar's website at http://www.trinasolar.com.

Safe Harbor Statement

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's ability to raise additional capital to finance the Company's activities; the effectiveness, profitability and marketability of its products; the future trading of the securities of the Company; the period of time for which the Company's current liquidity will enable the Company to fund its operations; general economic and business conditions; the volatility of the Company's operating results and financial condition; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

For further information, please contact:  

Trina Solar Limited

Brunswick Group

Terry Wang, CFO

Caroline Jinqing Cai

Phone: + (86) 519-8548-2009 (Changzhou)

Phone: + (86) 10-6566-2256

Thomas Young, Senior Director of Investor Relations

Michael Fuchs

Phone: + (86) 519-8548-2009 (Changzhou)

Phone: + (86) 10-6566-2256

Email: ir@trinasolar.com

Email: trina@brunswickgroup.com

SOURCE Trina Solar Limited



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http://www.trinasolar.com