Business
Avalon GloboCare Appoints Finance Veteran Yue ''Charles'' Li to the Board of Directors
Reappoints Meng Li to Board of DirectorsFREEHOLD, NJ / ACCESSWIRE / April 8, 2019 / Avalon GloboCare Corp. (NASDAQ:AVCO), a leading global developer of
About this update from Avalon Globocare Corp.
[{"type":"text","content":"Reappoints Meng Li to Board of DirectorsFREEHOLD, NJ / ACCESSWIRE / April 8, 2019 / Avalon GloboCare Corp. (NASDAQ:AVCO), a leading global developer of innovative and transformative cell-based technologies and therapeutics, announced today the addition of Yue \"Charles\" Li to the Company's Board of Directors. Mr. Li qualifies as an independent director and will serve on the acquisition task force committee.The Company also announced the reappointment of Meng Li to the Company's Board of Directors. Ms. Li is one of Avalon's founders and had temporarily resigned from the Board to meet the Independent Director requirements for NASDAQ. She accepted the reappointment with the addition of Mr. Li, which maintains the majority independence of the Board. Ms. Li has no relation to or affiliation with Yue \"Charles\" Li.Yue \"Charles\" Li, CFA, has over 18 years of experience in M&A and capital markets in China and the U.S. He is currently a managing director of Puget SoundVest, a private equity firm in China focused on long term healthcare investments. Prior to Puget, he was a senior officer at a major conglomerate in China where he successfully completed $2 billion in transactions in the U.S., Hong Kong and China. Previously, Mr. Li spent 8 years in Deloitte, as a director of financial advisory services in Beijing and capital markets in New York. Before Deloitte, he was an assistant vice president at Credit Suisse from 2004 to 2006, where he was responsible for strategy and risk measurement for an $18 billion portfolio. His key clients included Merrill Lynch, Blackrock, KKR, Pfizer, and China Life Insurance. He received his Master of Science in Business Administration from the Olin School of Business at Washington University in St. Louis, MO, and a Bachelor of Engineering from Tianjin University in China.Meng Li has over 15 years of executive experience in international marketing, branding, communication, and media investment consultancy. Ms. Li served as Managing Director at Maxus/GroupM (a WPP Group company) where she was responsible for business P&L and corporate management from 2006 to 2015. Prior to joining Maxus/Group M, Ms. Li worked for Zenithmedia (a Publicis Group company) from 2000-2006 as Senior Manager. Ms. Li received a Bachelor of Arts in International Economic Law from University of Dalian Maritime University, China.\"We...