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Waterdrop Inc. (NYSE:WDH) reported several changes to its board and senior management, according to a statement filed with the SEC.
The company announced that Guang Yang has resigned from his roles as director, vice president of finance, and general manager of international business, effective Tuesday. Waterdrop stated that Yang’s resignation was due to personal reasons and did not involve any disagreement with the company’s business, financial matters, or operations.
Following Yang’s departure, Xiaolei Sun, who serves as vice president of human resources and organization development, has been appointed as a new director to Waterdrop’s board.
Additionally, Jieru Li, who previously held the roles of board secretary and head of strategy and capital markets, has been named vice president of finance. Li will oversee the company’s accounting, financial, and internal control matters. She joined Waterdrop in 2021 as strategy director and has also worked at China Life Private Equity and KE Holdings Inc. (NYSE:BEKE, HKEX:02423). Li holds a bachelor’s degree in finance from Tsinghua University and an MBA from Columbia Business School.
The company’s founder, chairman, and chief executive officer, Peng Shen, expressed appreciation for Yang’s contributions and welcomed Sun and Li to their new roles.
All information is based on a press release statement filed with the SEC.
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