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 26/10/2009
[Industry news]
China-Biotics CFO resigns
China-Biotics, has announced that Mr Lewis Fan has resigned as Chief Financial Officer in order to pursue other professional interests.
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China-Biotics, a Chinese firm specializing in the manufacture, R&D, marketing and distribution of probiotics products, has announced that Mr Lewis Fan has resigned as Chief Financial Officer in order to pursue other professional interests. Mr Fan had no disagreements with the company in regard to its financial statements or accounting matters. His resignation was effective October 21, 2009.
The company is currently searching for qualified candidates to replace Mr Fan. Ms Eva Yan, Chief Administration Officer and a director of Shanghai Shining Biotechnology, a subsidiary of China-Biotics, will serve as interim Chief Financial Officer until a successor is named.
\"Mr Fan has been a valuable member of our team and I would like to personally thank him for his contribution as Chief Financial Officer,\" said Mr Jinan Song, Chairman, China Biotics. \"He was chiefly responsible for our successful recent public offering and his input and experience have been invaluable in our success this year. We wish him well in his future endeavours.\" |
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