TuSimple Names Xiaodi Hou As CEO, Chairman

  • TuSimple Holdings Inc's TSP Co-Founder and CTO Xiaodi Hou succeeds Cheng Lu as President and Chief Executive Officer and Mo Chen as Chairman of the Board, effective today.
  • Lu will serve as an Advisor until March 2023 to ensure an effective transition.
  • The move is part of a planned executive succession as TuSimple moves to its next phase of commercializing L4 autonomous trucking technology.
  • Price Action: TSP shares are trading lower by 7.72% at $15.66 during the premarket session on Thursday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsManagementMoversTrading IdeasBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!