George Zhao is stepping down from his place as CEO of Honor, efficient instantly. The information was reported by Chinese language media, which reported that well being considerations had led to his determination to stop.
As reported by the Every day Financial Information, the board of administrators accepted their determination. The brand new appointee shall be Li Jian, a former Huawei govt with greater than 20 years of expertise within the cellular communications sector.
CLS China’s transient didn’t present any particulars on Zhao’s determination or standing. The brand new CEO started his profession at Huawei in 2001, shifting up the ranks to turn into a member of the Supervisory Board earlier than becoming a member of Honor in 2020.
Li Jian served as Vice Chairman, Director and President of the Human Sources Division earlier than being promoted to CEO. He might want to navigate the difficult panorama of joint inventory administration as the corporate prepares to launch its IPO within the close to future.
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