Xinyuan Real Estate Co., Ltd. (XIN) said Tuesday that Tom Gurnee, the company's Chief Financial Officer for the past four and a half years, plans to retire as CFO in August.
Gurnee will remain on the Company's Board of Directors following his retirement as CFO.
The company sad it has formed a search committee, which includes members of the Board's audit committee, to lead the effort to locate Gurnee's successor.
The company plans to have a new CFO in place prior to Gurnee's retirement in order to provide an orderly transition.
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