leadership
confidence high
sentiment neutral
materiality 0.30
Gulf Resources Chairman Min Yang won't stand for re-election; CEO Xiaobin Liu named Chairman effective Nov 30
GULF RESOURCES, INC.
- Chairman Min Yang told the Board on Sept 28, 2023 he will not stand for re-election at the Nov 30, 2023 annual meeting and resigned as Chairman effective then.
- The Board elected CEO Xiaobin Liu as Chairman of the Board, effective as of the 2023 annual meeting of shareholders on Nov 30, 2023.
- Director Tengfei Zhang will not stand for re-election and resigned as Compensation Committee chair and member of the Nominating and Corporate Governance Committee, effective at the annual meeting.
- No replacement was named for Zhang's committee roles; the 8-K was signed by CFO Min Li and dated October 3, 2023.