Shanghai, China - September 15, 2009, Shanghai, China - Solarfun Power Holdings Co., Ltd., a solar technology company, announced the appointment of John Breckenridge to the Company's Board of Directors, effective immediately.
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Mr. Breckenridge has served on the Company's Management Committee since the second quarter of 2009, where he has helped to oversee the Company's day-to-day business activities and the Company's strategic direction.
He has been a Managing Director of Solarfun's largest shareholder, Good Energies II LP, since December 2007.
He joined Good Energies from CCMP Capital Advisors, formerly known as J.P. Morgan Partners, where he served as Operating Partner and Managing Director in both Tokyo and New York.
During his seven years at the firm, Mr. Breckenridge was responsible for leading many of the firm's portfolio companies, as well as advising on all aspects of the purchase and sales of investments in the U.S., Asia and Europe.
While at CCMP Capital Advisors, Mr. Breckenridge led the development of companies in the renewable energy, traditional energy, industrial service, manufacturing and chemicals sectors, among others.
He also provided guidance to companies expanding into China or other Asian countries.
Prior to joining JP Morgan Partners in Tokyo, Mr. Breckenridge was Chief Operating Officer of Densei Lambda KK, a publicly traded Japanese corporation.
Before that he was the manager of several large divisions of Invensys plc and Exide Electronics in the US.
Earlier in his career he held engineering, sales and general management positions at AT&T, International Power Machines, Inc., and Strafor Facom SA.
With the appointment of Mr. Breckenridge to the Company's Board of Directors, Dr. Philip Comberg will step down from his position as independent director, which he has held since December 2007.
The Company also announces the promotion of Dr. Peter Xie as President of Solarfun Power Holdings Co., Ltd.
Mr. Xie has held the role of President, China since March 2009. Along with Mr. Breckenridge and Mr. Yonghua Lu, Dr. Xie has served on the Management Committee. ■