Cenntro CFO Edmond Cheng departs; Edward Ye named acting CFO

Cenntro Inc.

CFO Edmond Cheng chose not to renew his employment agreement; tenure ended March 1, 2024.
Cheng's departure was not due to any disagreement with the company on operations or policies.
Cheng will provide advisory services to Cenntro through March 31, 2024.
Corporate controller Edward Ye appointed acting CFO effective March 1, 2024, at $91,555 annual compensation.
Ye, age 33, joined Cenntro in 2019 and previously was a Senior Associate at Deloitte.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Edmond Cheng

chief financial officer

CENN · Cenntro Inc.

Effective: 2024-03-01
Successor: Edward Ye
Filed: March 5, 2024, 6:59 PM ET

On March 1, 2024, Edmond Cheng, the chief financial officer (“CFO”) of Cenntro Inc. (the “Company”), notified the Board of Directors of the Company (the “Board”) of his intention not to renew his employment agreement with the Company and his service as CFO to the Company ended March 1, 2024.

Appointed (interim)

Edward Ye

acting CFO

CENN · Cenntro Inc.

Effective: 2024-03-01
Filed: March 5, 2024, 6:59 PM ET

the Board appointed Edward Ye, the corporate controller of the Company to serve as the Company’s acting CFO with annual compensation of US$91,555 to fill the vacancy created by Mr. Cheng effective as of March 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Edmond Cheng departed as chief financial officer at Cenntro Inc..

Action: not renewed
Role: chief financial officer

Exact text from the filing

On March 1, 2024, Edmond Cheng, the chief financial officer (“CFO”) of Cenntro Inc. (the “Company”), notified the Board of Directors of the Company (the “Board”) of his intention not to renew his employment agreement with the Company and his service as CFO to the Company ended March 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Edward Ye was appointed as acting CFO at Cenntro Inc..

Action: appointed
Role: acting CFO

Exact text from the filing

the Board appointed Edward Ye, the corporate controller of the Company to serve as the Company’s acting CFO with annual compensation of US$91,555 to fill the vacancy created by Mr. Cheng effective as of March 1, 2024.

View on SEC.gov

Cenntro Inc. filing history →

Source: SEC EDGAR

accession 0001140361-24-011405

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.