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BOULDER, CO - FST Corp. (NASDAQ:KBSX), known for its golf shaft manufacturing, has announced significant changes to its executive team amid challenging market conditions. According to InvestingPro data, the company’s stock has declined over 83% in the past year, with revenue reaching $33.94 million in the last twelve months. Sebastian Tadla has been appointed as the new Chief Financial Officer, stepping up from his previous role as Accounting and Finance Director. Tadla’s tenure with the company began in 2010, and his expertise in financial operations is expected to contribute to FST’s growth strategies.
Marie Wen-Chi Chao, formerly the CFO, will now serve as Executive Vice President of General Administration and Compliance, overseeing global regulatory compliance. Her experience includes a significant role in Femco Steel Technology’s public offering in Taiwan.
Warren Cheng-Teng Huang, with over two decades in the golf shaft industry, has been named President and Head of Production and Supply Chains. His promotion follows a history of leadership roles within Femco, a subsidiary of FST Corp.
Rob Cheng is taking on the role of President and Head of FST Golf, where he will be responsible for the global golf shaft sales and marketing. Cheng’s leadership is credited with the growth and strategic sales achievements of the company’s KBS brand.
David Chuang, FST’s CEO, expressed confidence that these appointments will propel the company towards enhanced performance and market expansion, particularly in the PRC and other emerging markets.
FST Corp., established in 1992, operates a vertically integrated business model that includes manufacturing, retail, and services, catering to a wide range of golfers, including professionals. The company’s KBS brand is recognized globally and is set to expand further under the new leadership.
The information in this article is based on a press release statement.
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