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Succession Crisis Looms for Chinese Appliance-Maker Gree as CEO Resigns

2021年02月22日 19:54 来源于 财新网
Departure of second senior executive renews questions about replacement for 67-year-old Dong Mingzhu as company fights for market share and struggles with e-commerce transition
Chief Executive Huang Hui one of Gree’s longest-serving board members, has resigned for personal reasons, the company said.

Chinese appliances-maker Gree Electric Appliances Inc. of Zhuhai announced Monday the surprise departure of its chief executive, sending its shares tumbling as much as 5% and raising fresh questions about who will succeed the firm’s 67-year-old chairwoman, Dong Mingzhu.

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