Cathay International Boss Stands Down Ahead Of Retirement In January

(Alliance News) - Cathay International Holdings Ltd said Thursday Chief Executive Officer Lee Jin ...

Alliance News 31 October, 2019 | 6:25PM
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(Alliance News) - Cathay International Holdings Ltd said Thursday Chief Executive Officer Lee Jin Yi will step down from the helm of the China-focused healthcare investor, before retiring in late January.

Lee has been CEO since 2010, and Cathay thanked him for "his personal commitment, dedication and the significant contribution made to the company."

Cathay added that Lee "confirmed that he is retiring for personal reasons and has no disagreement with the board and there is no matter relating to his retirement that needs to be brought to the attention of the shareholders of the company."

Shares in Cathay closed unchanged at 2.50 pence in London on Thursday.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Cathay International Holdings Ltd 1.85 GBX 0.00 -

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