Dongying City, Shandong, China - February 18, 2013, Dongying City, Shandong, China - HaiKe Chemical Group Limited, a chemical company, announced that Derek Marsh has stepped down as independent non-executive director.
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Mr. Marsh has also stepped down as and Chairman of the Remuneration Committee. He has been an Independent Non-Executive Director since 2007.
He has 41 years of government experience, including a number of years in the British Diplomatic Service in East Asia. He specialised in Government to Government relations, export promotion, trade policy, the aerospace industry, large-scale information business, defence procurement and military operations.
Mr. Marsh has also been a Non-Executive Director of Bovis Homes and Felixstowe Dock and Railway Company. Currently, he is a Non-Executive Director of China Food Company.
He graduated from the Royal College of Defence Studies, London and the NATO Defence College, Rome; and has an MA from The Queen's College, Oxford.
The company also announced that James Yuann has been appointed as the Chairman of the Remuneration Committee.
Mr. Yuann is the Chair of Chief Executive Advisory Board of Vistage, a US based global CEO coaching firm.
He is also an adjunct professor in lectures in Fudan University, Shanghai where he lectures "Leadership" and "Business Models Comparison Between Multinational and Local Companies in China" in the IMBA program collaboration between MIT (Sloan School of Management) and Fudan.
Prior to joining Vistage China, Mr. Yuann was the President of Asia - Specialty Materials for Honeywell International. From 1995 to 2004, he was the General Manager of Asia for PolyOne Corporation. Prior to joining PolyOne Corporation, he held various positions with Monsanto and Standard Oil Company (later acquired by BP).
Mr. Yuannhas been involved in Asian business since 1984 and was relocated to Hong Kong as Director of Asia by BP Chemical in 1989. He is the author of the recently published book "Super Trends of Future China".
Mr. Yuann holds a D.Sc. degree in Chemical Engineering from Washington University in St. Louis, Missouri, a M.S. in Materials Science from University of Cincinnati and a B.S. degree in Chemical Engineering from National Taiwan University. ■