Sino-Global Names Yang Jie To Succeed Lei Cao As CEO

Sino-Global Shipping America, Ltd. (NASDAQ:SINO) Chairman and Chief Executive Officer Lei Cao plans to step down as Chief Executive Officer effective November 1, 2021.
Cao will remain Chairman of the Board, ensuring a smooth transition, having served as CEO since founding the company in 2001.
The company's Board of Directors unanimously elected Yang "Leo" Jie, to succeed Lei Cao, effective November 1, 2021.
Yang "Leo" Jie has served as Vice President of Sino-Global since January 2021. He previously served in management roles in both the U.S. and China.
The company also named its Acting Chief Financial Officer, Ms. Tuo Pan, as its finance chief.
Price Action: SINO shares are trading higher by 10.9% at $3.38 on the last check Monday.

Benzinga