Tarena Announces Changes to Board Composition
Tarena International, Inc. - American Depositary Shares (TEDU)
US:NASDAQ Investor Relations:
ir.tarena.com.cn
Company Research
Source: PR Newswire
BEIJING, Dec. 31, 2019 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company"), today announced changes to its board composition. Mr. Ricky Lee, Chairman and Executive Partner of ShangGu Capital, has been appointed as an independent director. Mr. Lee has also been appointed as the chairman of the compensation committee of the board, as well as members of the audit committee and the nominating and corporate governance committee. Mr. Ya-Qin Zhang has resigned from the board for personal reasons. Mr. Zhang's resignation did not result from any disagreement with the Company. These changes will be effective on January 1, 2020.Mr. Ricky Lee is a seasoned technology entrepreneur and active angel investor with unique leadership experience, having been a chief executive for both multinational and local leading IT companies in China. Mr. Lee is an early China business pioneer starting in 1987 when he joined HP China and stayed with HP for 12 years until 1999. While
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