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Stock impact report

LightInTheBox Announces Board and Management Changes

LightInTheBox Holding Co., Ltd. American Depositary Shares, each representing 2 ordinary shares (LITB) 
Last lightinthebox holding co., ltd. american depositary shares, each representing 2 ordinary shares earnings: 6/15 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lightinthebox.com
Company Research Source: PR Newswire
BEIJING, Nov. 16, 2018 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced the resignation of Mr. Zhiping Qi, Chief Executive Officer of LightInTheBox, effective immediately. Mr. Qi's resignation was one of the closing conditions for the acquisition of Ezbuy Holding Co., Ltd. ("Ezbuy") announced on November 8, 2018 and was not due to any disagreement with the Company regarding its business, finances, accounting and/or any other affairs.Concurrently, and also as one of the closing conditions for the acquisition of Ezbuy, the Company's Board of Directors (the "Board") has appointed Mr. Jian He Chief Executive Officer and Director and Mr. Meng Lian as Director, effective immediately. Mr. Qi will remain on the Board as a director and has been appointed as Vice Chairman of the Board.Prior to joining LightInTheBox, Mr. Jian He was the Fou Show less Read more
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