Guangzhou Pearl River Tyre recently announced that it has appointed Liu Yang to be their new CEO instead of Nanyang Wu, and the latter would be stay in the company as executive director.
Due to Pacific Union Pte Ltd was not the listed shareholder in Pearl River Tyre, Nanyang Wu would resign from non-excutive director and the company’s chairman, and not be the member of Remuneration Committee, Nomination Committee and Equity Purchase Committee in the company.
Besides, Jiawei Luo was appointed to be the member of Remuneration Committee, Nomination Committee and Equity Purchase Committee in the company. And Haowen Li was appointed to be the chairman of of Equity Purchase Committee in the company.
(Edited by molin, molin@tireworld.com.cn)
