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Tencent Music Entertainment Names New Chairman, CEO

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Tencent Music Entertainment Names New Chairman, CEO
  • Chinese online music entertainment platform Tencent Music Entertainment Group (NYSE: TMEappointed CEO Cussion Kar Shun Pang as the board Chairman. 
  • Tencent Holdings Ltd (OTC: TCEHY) VP Zhu Liang (or Ross Liang) became the new CEO and director. James Gordon Mitchell became the Chairman of the Compensation Committee. The appointments were effective from today.
  • Tong Tao Sang resigned as the Chairman of the board, Compensation Committee, and director.
  • Price action: TME shares traded higher by 1.49% at $18.42 in the premarket session on the last check Thursday.
 

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