Newegg Inc. (NASDAQ: NEGG), a leading online retailer of computer hardware and consumer electronics, announced today that its Chief Financial Officer, Robert Chang, is set to retire on May 17, 2024. Chang's departure marks the end of a notable 25-year tenure with the company, during which he played a significant role in Newegg's financial operations and strategic initiatives.
Following Chang's retirement, the company has named Christina Ching as the Interim Chief Financial Officer. Ching, who has been with Newegg since 2004, currently holds the position of Chief Accounting Officer, a role she assumed in 2022.
Prior to this, she had a substantial career at Kriss USA Inc., where she served as the Chief Financial Officer for North America and Asia regions from 2013 to 2022. Her experience with Kriss USA Inc., a prominent Swiss defense manufacturing company, coupled with her extensive history at Newegg, positions her as a seasoned successor to carry forward the company's financial leadership.
Newegg's management and Board of Directors expressed their gratitude towards Chang for his dedication and contributions to the company's growth and success. They also extended their best wishes to him for his retirement.
The transition plan is part of Newegg's ongoing commitment to strong corporate governance and strategic financial management. The appointment of Ching as the Interim CFO is expected to ensure a smooth transition in the company's financial leadership, leveraging her deep understanding of Newegg's operations and her financial expertise.
Investors and stakeholders have been assured of continuity in Newegg's financial strategies and practices as the company prepares for this leadership change. The information regarding the executive transition is based on a press release statement from Newegg.
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