Newsmaker
Zhang Dazhong likely to head Gome's board: report
Updated: 2011-03-09 14:08
By Gao Yuan (chinadaily.com.cn)
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Zhang Dazhong [Photo / File photo] |
A well-informed source told reporters that although the nomination is fixed, personnel changes within the company is happening constantly. Hence, everything is indeterminate until the official announcement comes out, the source said.
The report also said that Chen Xiao, the current chairman of the board, is set to leave Gome. After Chen's departure, the company's board of directors will also be reshuffled, it reported.
Gome's largest shareholder (also the founder of the company), Huang Guangyu, is likely to greenlight the new nomination, it reported.
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In addition, the high court of Hong Kong has unblocked Huang's wife's assets in the special administrative region, which means Huang's controlling force at Gome is recovering, the report said.
Zhang is founder of Dazhong Electric Appliance. Zhang sold all his shares to Gome for 3.65 billion yuan ($555.8 million) in December 2007, the report said.
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