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Prestige Wealth Inc. (NASDAQ:PWTG) reported changes to its board of directors and compensation committee on Wednesday, according to a statement based on a recent SEC filing.
The company announced that Wei Gao resigned from the board of directors on October 29, 2025. Jackie Qiang You was appointed as an independent director to fill the vacancy. Ms. You has served as an independent portfolio manager for high net worth individuals since January 2025. Her previous roles include strategic advisor and fractional chief financial officer from May 2020 to December 2024, chief financial officer of Q&K International Group Limited (NASDAQ:QK) from May 2019 to May 2020, and chief financial officer of ChinaCache International Holdings, LTD. from 2011 to 2013. Ms. You holds a bachelor’s degree in economics from Shanghai International Studies University, a master’s degree in business administration from Arizona State University, and is a CFA charter holder.
Prestige Wealth Inc. entered into a director agreement with Ms. You for a one-year term. Under the agreement, she will not receive compensation other than reimbursement of reasonable expenses. The agreement includes fiduciary duty, confidentiality, conflict-of-interest, non-interference, and company property provisions. The company also entered into an indemnification agreement with Ms. You, providing indemnification to the fullest extent permitted by law and advancement of expenses in legal proceedings arising from her service, subject to customary limitations.
On the same day, the compensation committee of the board was reconstituted. Adam (Xin) He, H. David Sherman, and Junlin Bai resigned from the committee. Moore Jin Xin and Jackie Qiang You were appointed as members, with Moore Jin Xin named as chairman.
Prestige Wealth Inc. also announced plans to hold a general meeting of holders of Class B ordinary shares on November 20, 2025, followed by an extraordinary general meeting of shareholders.
All information is based on a press release statement included in the company’s recent SEC filing.
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