Hoku CEO to step down as firm seeks restructuring

The company is seeking a buyer for its solar installation unit

By Star-Advertiser staff

POSTED: 01:30 a.m. HST, Jun 16, 2012

~~<p>Hoku Corp., a Honolulu-based solar energy company, said CEO Scott Paul will resign on June 30 and the company is looking for a buyer of its Hoku Solar subsidiary.</p>
<p>"Jeremy" Xiaoming Yin, the company's president since early 2011, will take over as CEO, the company said in a news release Friday. Paul will continue as chairman of a new five-member committee to oversee and direct the company's efforts to restructure its liabilities.</p>
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Hoku Corp., a Honolulu-based solar energy company, said CEO Scott Paul will resign on June 30 and the company is looking for a buyer of its Hoku Solar subsidiary.

"Jeremy" Xiaoming Yin, the company's president since early 2011, will take over as CEO, the company said in a news release Friday. Paul will continue as chairman of a new five-member committee to oversee and direct the company's efforts to restructure its liabilities. Login for more...