{"id":63214,"date":"2020-08-19T13:35:00","date_gmt":"2020-08-19T13:35:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2716415"},"modified":"2020-08-19T13:35:00","modified_gmt":"2020-08-19T13:35:00","slug":"xinyuan-real-estate-co-ltd-mourns-the-sudden-passing-of-board-director-and-audit-committee-chairman-thomas-gurnee","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/08\/19\/xinyuan-real-estate-co-ltd-mourns-the-sudden-passing-of-board-director-and-audit-committee-chairman-thomas-gurnee\/","title":{"rendered":"Xinyuan Real Estate Co., Ltd. Mourns the Sudden Passing of Board Director and Audit Committee Chairman Thomas Gurnee"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>Xinyuan Real Estate Co., Ltd.&nbsp;is saddened to announce today that&nbsp;<span class=\"xn-person\">Thomas Gurnee<\/span>, its long-time Independent Director and Audit Committee Chairman, passed away from illness.<\/p>\n<p>Mr.&nbsp;<span class=\"xn-person\">Yong Zhang<\/span>, Chairman of Xinyuan, said, &#8220;It is with great sadness that I announce the passing of my friend and colleague&nbsp;<span class=\"xn-person\">Thomas Gurnee<\/span>. Thomas had served as our Board of Directors since 2007 and was also the chairman of our Audit Committee. We greatly appreciate his support of the Company, as well as the advice and counsel provided to us over the years. On behalf of the Board of Directors and all Xinyuan employees, we would like to extend our deepest condolences to the Gurnee family.&#8221;<\/p>\n<p>The Company&#8217;s Board of Directors implemented the emergency succession plan and has appointed&nbsp;<span class=\"xn-person\">Yifan(Frank) Li<\/span>, Independent Director and Audit Committee Member of Xinyuan, as Audit Committee Chairman.<\/p>\n<p><span class=\"xn-person\">Thomas Gurnee<\/span>&nbsp;was appointed to the Board of Directors of the Company in&nbsp;<span class=\"xn-chron\">December 2007<\/span>&nbsp;and from&nbsp;<span class=\"xn-chron\">February 2009<\/span>&nbsp;through&nbsp;<span class=\"xn-chron\">October 2013<\/span>&nbsp;served as the Chief Financial Officer. In 2015, Mr. Gurnee was appointed as Audit Committee Chair. Mr. Gurnee is owner and manager of Chalet Development LLC, a U.S.-based real estate company. From 2006-2008, Mr. Gurnee was the Chief Financial Officer of GEM Services Inc., a semiconductor contract manufacturer based in&nbsp;<span class=\"xn-location\">China<\/span>. Prior to that, Mr. Gurnee served as the President of Globitech Inc., a&nbsp;<span class=\"xn-location\">Texas<\/span>-based epitaxial semiconductor wafer manufacturer, the Chief Financial Officer of Artest Inc., a&nbsp;<span class=\"xn-location\">California<\/span>-based semiconductor test subcontractor, and the Chief Financial Officer of Sohu.com, a&nbsp;<span class=\"xn-location\">Beijing<\/span>-based internet portal. Mr. Gurnee obtained his bachelor&#8217;s degree from&nbsp;<span class=\"xn-org\">Stanford University<\/span>&nbsp;and master&#8217;s degree in business administration from the University of&nbsp;<span class=\"xn-location\">Santa Clara<\/span>.<\/p>\n<p><strong>About&nbsp;Xinyuan Real Estate Co., Ltd.<\/strong><\/p>\n<p>Xinyuan Real Estate Co., Ltd.&nbsp;(&#8220;Xinyuan&#8221;) is an NYSE-listed real estate developer and property manager primarily in&nbsp;China&nbsp;and recently in other countries. In&nbsp;China,&nbsp;Xinyuan&nbsp;develops and manages large scale, high quality real estate projects in over ten tier one and tier two cities, including&nbsp;Beijing,&nbsp;Shanghai,&nbsp;Tianjin, Zhengzhou,&nbsp;Jinan,&nbsp;Qingdao,&nbsp;<span class=\"xn-location\">Chengdu<\/span>,&nbsp;<span class=\"xn-location\">Xi&#8217;an<\/span>, Suzhou,&nbsp;<span class=\"xn-location\">Dalian<\/span>, Zhuhai and Foshan.&nbsp;Xinyuan&nbsp;was one of the first Chinese real estate developers to enter the U.S. market and over the past few years has been active in real estate development in&nbsp;New York.&nbsp;Xinyuan&nbsp;aims to provide comfortable and convenient real estate related products and services to middle-class consumers. For more information, please visit&nbsp;http:\/\/www.xyre.com.&nbsp;<\/p>\n<p><strong>Investor Contact:<\/strong><\/p>\n<p>For more information, please contact:<\/p>\n<p>In&nbsp;China:<\/p>\n<p><strong>Xinyuan Real Estate Co., Ltd.<br class=\"dnr\" \/><\/strong>Mr.&nbsp;Charles Wang<br class=\"dnr\" \/>Investor Relations Director<br class=\"dnr\" \/>Tel: +86 (10) 8588-9376<br class=\"dnr\" \/>Email:&nbsp;irteam@xyre.com<\/p>\n<p><strong>The Blueshirt Group<br class=\"dnr\" \/><\/strong>Ms.&nbsp;Susie Wang<br class=\"dnr\" \/>Mobile: +86 (138) 1081-7475<br class=\"dnr\" \/>Email:&nbsp;susie@blueshirtgroup.com<\/p>\n<p>In&nbsp;the&nbsp;<span class=\"xn-location\">United States<\/span>:<\/p>\n<p><strong>The Blueshirt Group<br class=\"dnr\" \/><\/strong>Ms.&nbsp;Julia Qian<br class=\"dnr\" \/>Email:&nbsp;Julia@blueshirtgroup.com<\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/xyre.com\" target=\"_blank\">http:\/\/xyre.com<\/a><br \/><b>Contact Information:<\/b><br \/>Xinyuan Real Estate Co., Ltd.<br \/>\nMr.Charles Wang<br \/>\nInvestor Relations Director<br \/>\nTel: +86 (10) 8588-9376<br \/>\nEmail:irteam@xyre.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire-real-estate\/\" rel=\"category tag\">Wire Real Estate<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Xinyuan Real Estate Co., Ltd.<br \/>\nMr.\u00a0Charles Wang<br \/>\nInvestor Relations Director<br \/>\nTel: +86 (10) 8588-9376<br \/>\nEmail:\u00a0irteam@xyre.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"233\" height=\"24\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/07\/4000-logo.png\" alt=\"\">Xinyuan Real Estate Co., Ltd.&nbsp;is saddened to announce today that&nbsp;Thomas Gurnee, its long-time Independent Director and Audit Committee Chairman, passed away from illness. Mr.&nbsp;Yong Zhang, Chairman of Xinyuan, said, &ldquo;It is with great sadness that I announce the passing of my friend and colleague&nbsp;Thomas Gurnee. Thomas had served as our Board of Directors since 2007 &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/08\/19\/xinyuan-real-estate-co-ltd-mourns-the-sudden-passing-of-board-director-and-audit-committee-chairman-thomas-gurnee\/\">Continue reading <span>Xinyuan Real Estate Co., Ltd. Mourns the Sudden Passing of Board Director and Audit Committee Chairman Thomas Gurnee<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/08\/19\/xinyuan-real-estate-co-ltd-mourns-the-sudden-passing-of-board-director-and-audit-committee-chairman-thomas-gurnee\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54,18],"tags":[],"class_list":["post-63214","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire","category-wire-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Xinyuan Real Estate Co., Ltd. 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Mr.&nbsp;Yong Zhang, Chairman of Xinyuan, said, &ldquo;It is with great sadness that I announce the passing of my friend and colleague&nbsp;Thomas Gurnee. Thomas had served as our Board of Directors since 2007 &hellip; Continue reading Xinyuan Real Estate Co., Ltd. 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Thomas had served as our Board of Directors since 2007 &hellip; Continue reading Xinyuan Real Estate Co., Ltd. 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