China Auto Logistics (CALI) COO Jin Yan Appointed COO
Tweet Send to a Friend
China Auto Logistics Inc. (Nasdaq: CALI), announced today that Mr. Jin Yan, 46, has been appointed Chief Operating Officer (COO) of the Company, replacing Mr. Li Yangqian, who resigned the position with no disagreement concerning any matter relating to the Company's operations, policies or practices.
An MBA graduate of Tianjin Nankei University, Mr. Jin joined the Company in 2011 as the General Manager of Sales of Shisheng. Previously, he served for five years as managing director of a restaurant chain, operating a series of their restaurants.
Additionally, following the resignation of Mr. Yang Bin, a member of the Board and Senior Vice President of the Company, and Board members Gao Yang, Qu Zhong and Kong Xiaoyan, whose resignations did not result from any disagreements with the Company concerning its operations, policies or practices, the Board of Directors elected four new Board members. The new independent directors are: Mr. Zou Baoying, who will serve on the Board's compensation, nominating and corporate governance committees; Mr. Wang Wei, who will serve on the Board's audit, compensation, nominating and corporate governance committees; and Ms. Yang Lili, who will serve on the Board's audit, compensation, nominating and corporate governance committees. Also named a director was Ms. Wang Xinwei, the Chief Financial Officer of the Company. Each of the new directors will serve until the next annual meeting of shareholders and until a successor is elected and qualified.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
An MBA graduate of Tianjin Nankei University, Mr. Jin joined the Company in 2011 as the General Manager of Sales of Shisheng. Previously, he served for five years as managing director of a restaurant chain, operating a series of their restaurants.
Additionally, following the resignation of Mr. Yang Bin, a member of the Board and Senior Vice President of the Company, and Board members Gao Yang, Qu Zhong and Kong Xiaoyan, whose resignations did not result from any disagreements with the Company concerning its operations, policies or practices, the Board of Directors elected four new Board members. The new independent directors are: Mr. Zou Baoying, who will serve on the Board's compensation, nominating and corporate governance committees; Mr. Wang Wei, who will serve on the Board's audit, compensation, nominating and corporate governance committees; and Ms. Yang Lili, who will serve on the Board's audit, compensation, nominating and corporate governance committees. Also named a director was Ms. Wang Xinwei, the Chief Financial Officer of the Company. Each of the new directors will serve until the next annual meeting of shareholders and until a successor is elected and qualified.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- JPMorgan (JPM) Shareholders Support Dimon in Dual Role
- Chesapeake Energy (CHK) Appoints Anadarko's (APC) Lawler as CEO
- KeyCorp (KEY) Taps Huntington's (HBAN) Kinble as CFO
Create E-mail Alert Related Categories
Management Changes
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
