Suntech (STP -7.4%) dives after announcing sales chief Andrew Beebe has resigned for "personal reasons," and that the company doesn't intend to hire a replacement (regional heads will now report directly to CEO David King). Beebe's departure comes 3 weeks after chairman Zhengrong Shi resigned as CEO in response to revelations the solar module firm may have been defrauded of $662M.
Suntech (STP -7.4%) dives after announcing sales chief Andrew Beebe has resigned for "personal...
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Suntech Power Holdings Co., Ltd. |