Noah Education announces Senior Management changes

 

 

SHENZHEN, China, Nov. 9 /PRNewswire-Asia-FirstCall/ -- Noah Education Holdings Ltd. , a leading provider of interactive educational content and education services in China, today announced the appointment of Mr. Benguo Tang, one of Noah's founders, to the position of President and Chief Operating Officer, as well as the appointment of Mr. Jerry He, the Company's Executive Vice President, to the role of Chief Financial Officer.

 

Mr. Tang will take over the position of Chief Operating Officer from Mr. Xianquan Xiao, who has stepped down due to personal matters, but will continue to serve Noah on the Company's Board of Directors. Having played an instrumental role in Noah's founding, Mr. Tang brings to the position not only vast industry knowledge, but a deep understanding of Noah's business. Mr. Xiao, who has overseen the Company's daily business activity and operating initiatives since taking on the role of Chief Operating Officer in 2008, remains committed to Noah's long-term success, and will continue to provide strategic advice in the capacity of Executive Director.

 

Mr. Jerry He, who joined Noah in July 2009 as Executive Vice President, will assume the position of Chief Financial Officer, driving the Company's corporate and strategic development as it enters a new growth phase, while also maintaining responsibility for the fiscal planning and investor relations functions. Ms. Dora Li, who has served as Chief Financial Officer since 2008, and has reported to Mr. He since he joined the company in July, will continue to play a leadership role at the Company, managing Noah's internal financial controls and accounting processes as Noah's Vice President of Finance, Controller. All of the aforementioned managerial changes will all take effect immediately.

 

Mr. Dong Xu, Noah's Chairman and Chief Executive Officer, said, "These managerial changes will allow each individual to focus on his or her core strengths and, ultimately, create a stronger and more cohesive senior management team to support our growth. We wish Mr. Xiao all the best in his personal endeavors, and look forward to the invaluable leadership and advice he will continue to provide as an Executive Director. We welcome Mr. Tang's return to the management team as Chief Operating Officer. Given his commitment to the success of Noah since its inception and his wealth of company and industry experience, I am confident that he will be able to hit the ground running and provide a seamless transition as we continue our expansion."

 

"Additionally, Jerry He will continue to leverage his extensive background in both finance and business development as he more actively spearheads strategic investments and drives both organic and acquisitive growth initiatives in his new role as Chief Financial Officer. Dora Li, who has been instrumental to our growth as a public company, will take on a more focused leading role in our finance department. With the continued expansion of Noah, we believe it is imperative to have someone as experienced as Ms. Li dedicated to overseeing our internal controls and financial reporting. I welcome each individual to their new role and am confident that their collaborative efforts and expertise will further our vision of becoming the leading provider of interactive educational content and education services in China," Mr. Xu concluded.

 

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