Jun 27, 2011
Hanwha SolarOne (NASDAQ:HSOL) announced this morning that its board of directors has appointed Ki-Joon Hong as CEO, Jung Pyo Seo as CFO, and Chris Eberspacher as CTO.
The appointments are effective as of July 1, 2011. Mr. Hong is currently the Chairman of the Board of SolarOne and CEO of Hanwha Cehmical.
Mr. Seo joins the company from Azdel, an automotive manufacturer of thermoplastic materials based in Virginia, where he was that company's CFO and COO.
Hanwha SolarOne has a potential upside of 36.8% based on a current price of $5.9 and an average consensus analyst price target of $8.07.
Hanwha SolarOne is currently below its 50-day moving average (MA) of $5.94 and below its 200-day MA of $8.45.
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