ENFIELD — Andrew Africk has resigned as a member of STR Holdings Inc.’s board of directors, STR officials say in a filing with the Securities and Exchange Commission.
The company did not elaborate on Africk’s reason for leaving only 18 months after joining the board.
In the filing, STR said only that Africk’s resignation “was not a result of any disagreements with the company on any matter relating to the company’s operations, policies, or practices.”
A company official could not be reached Tuesday for comment.
In June, STR Holdings was the recipient of a much needed financial boost in the form of an $8.3 million tax refund from the IRS.
Africk was one of several new board members and executives who came to STR in Dec. 2014 from China’s Zhenfa Energy Group Co. Ltd., after Zhenfa became the company’s majority owner. He also is the second Zhenfa executive to quit since December, when Qu Chao resigned as vice president for strategic investment.
The company did not elaborate on Chao’s departure, which also was announced in an SEC filing.
Africk was the founder of Searay Capital LLC, a private investment company.
Zhenfa, which develops solar electric power stations, paid about $21.7 million in 2014 for a 51 percent stake in STR.
STR in November 2014 sold its East Windsor plant for $4.75 million to SBS USA Realty LLC, on behalf of Steel Building Systems of Australia, a steel building-parts maker and distributor. It moved its corporate and research and development operations from the East Windsor plant to its Enfield headquarters.
STR Holdings, also known as Specialized Technology Resources Inc., was founded in Springfield in 1944 as DeBell & Richardson Inc. and moved to Enfield in 1946. In 1976, it became Springborn Laboratories Inc., and in 1995 it changed its name to STR.
