Business
Yunhong CTI Ltd. Announces Changes to Board of Directors
Two New Independent Directors, Ms. Wan Zhang and Ms. Yaping Zhang, have Joined BoardTwo Long-Serving Directors Retire Yubao Li Succeeds John Schwan as Board
About this update from Yunhong Green Cti Ltd.
[{"type":"text","content":"Two New Independent Directors, Ms. Wan Zhang and Ms. Yaping Zhang, have Joined BoardTwo Long-Serving Directors Retire Yubao Li Succeeds John Schwan as Board ChairLAKE BARRINGTON, IL / ACCESSWIRE / June 10, 2020 / Yunhong CTI Ltd. (NASDAQ:CTIB) (\"Yunhong CTI\" or the \"Company\"), a leading manufacturer of custom film products, foil and latex novelty balloons, and flexible packaging products, announced that its Board of Directors has taken a range of Board refreshment actions, including adding two new independent directors; having two long-serving directors retire; and naming Yubao Li to succeed John Schwan as Board Chair. All of the board changes are effective immediately.Addition of Two New Independent DirectorsJoining the board are Ms. Wan Zhang and Ms. Yaping Zhang. With these two appointments, and the retirements, the total board membership remains unchanged at 7.The Board elected Ms. Wan Zhang as a new independent director. Ms. Zhang is currently Senior Manager at Taikang Bybo Dental Group, Beijing, China, leading group strategic planning and operations supervision. Before joining Taikang, Ms Zhang served as Senior Manager at PKU Healthcare Group, Beijing, China, with responsibilities spanning resource integration, project financing, policy research and strategic planning. From 2014-2018, Ms. Zhang was a Manager & Board Secretary at Capital Healthcare Group, Beijing, China, working in the Strategic Investment department. She also worked as Board Secretary & Assistant to Director of Operations at Capital Healthcare's subsidiary-Aiyuhua Women's and Children's Hospital, Beijing, China. During her time at Capital Healthcare, Ms. Zhang developed the Group's annual plan, and was responsible for financing, investment, M&A, and business development in specialized hospitals and clinics. Ms. Zhang's previous experience includes as Assistant Board Secretary at Tsit Wing Group, Hong Kong. Ms. Zhang began her career with Albert YK Lau & Co. (Certified Public Accountants Hong Kong), Hong Kong, as Auditor & Board Secretary. Ms. Zhang is proficient in English, Cantonese and Mandarin. She was a student member of Chartered Secretaries in Hong Kong and, is a Certified Board Secretary of ShenZhen Stock Exchange. Ms. Zhang graduated from Wuhan University with a Bachelor of Science degree in Biology and Lingnan University with a Master's degree...