Fushi Copperweld Inc., a manufacturer of copper-clad bimetallic wire used in a variety of telecommunication, utility, transportation and other electrical applications, has appointed of Craig H. Studwell as CFO, effective immediately. Studwell will be responsible for all aspects of the Company's financial operations and will also work closely with the executive management team to develop opportunities to continue the growth trajectory of the Company. Wenbing Christopher Wang, who has served as interim CFO since March 3, 2010, will continue his role as president and director.
Studwell, 62, brings over 35 years of experience in banking and corporate finance in the United States, Asia, and Europe. He previously served as senior vice president and chief financial officer of Paramount Petroleum Company, an independent refiner and marketer of asphalt, gasoline, diesel, military fuels and petroleum feed stocks, where he oversaw corporate accounting, treasury, and corporate finance. Prior to that, he served as senior vice president, finance and planning for Pacific Millennium Corporation, a multinational corporation engaged in pulp and paper distribution, paper manufacturing, and investments where he worked extensively in China, Hong Kong, and Asia, overseeing the firm's treasury, corporate finance and accounting activities. Prior to that, Studwell held senior level management positions with commercial banking institutions in Los Angeles, New York, and Milan.
Studwell holds a Bachelor of Science Degree in Finance from New York University.