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CP Lotus Corp Announces Chief Executive Officer Change


Wednesday, 23 Oct 2013 08:48am EDT 

CP Lotus Corp announced that Mr. Jimmy Ardell Schafer, the Chief Executive Officer of the Company, has been re-designated as Senior Vice Chairman of the Company to focus on a broader range of commitments within the Company with effect from October 22, 2013. Mr. Schafer has confirmed that there is no disagreement with the Board and there is no matter relating to his re-designation that needs to be brought to the attention of the shareholders of the Company. The Board also announced that Mr. Li Wen Hai has been re-designated as Senior Vice Chairman and Chief Executive Officer of the Company with effect from October 22, 2013. 

Company Quote

0.191
0.0010 +0.53%
23 Sep 2014