Jerash Elects Bill Korn to Board of Directors

About this update from Jerash Holdings (us), Inc.

FAIRFIELD, NJ / ACCESSWIRE / June 15, 2020 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), a producer of high-quality textile goods for leading global brands, today announced the election of Bill Korn to its board of directors. Mr. Korn satisfies the "independence" requirements of Section 5605(a)(2) of the Nasdaq Listing Rules and Rule 10A-3 under the Securities Exchange Act of 1934, as amended, and qualifies as an audit committee financial expert within the meaning of the SEC and Nasdaq rules. Mr. Korn filled a board seat vacated by Sean Socha, an independent director, who resigned for personal reasons."Bill Korn is an excellent addition to our board, bringing financial expertise as the Chief Financial Officer of a high-growth Nasdaq traded company, as well as deep expertise in the integration of acquisitions and management of large global workforces as part of a U.S. corporation," said Samuel Choi, Chairman and Chief Executive Officer of Jerash. "We look forward to leveraging his experience as we continue to focus on driving efficiency in our operations and executing our long-term plans for both organic and strategic growth.""I am excited to join the board of a growing multinational business such as Jerash and look forward to contributing to its success on behalf of stockholders," said Mr. Korn. "Jerash is a unique company providing high-quality, duty-free manufacturing services at a time when these competitive advantages are critical to its customers. Additionally, Jerash has a strong record of ESG accolades and offering rewarding employment to a highly-valued, globally-sourced workforce located in Jordan."Bill Korn currently serves as Chief Financial Officer of MTBC, Inc., a Nasdaq-traded healthcare IT company (NASDAQ:MTBC), a position he has held since June 2013. Mr. Korn helped take MTBC public in 2014, and MTBC has completed more than 15 acquisitions during his tenure as CFO. Mr. Korn contributes to the management of a large off-shore team in Pakistan which facilitates MTBC's success. Mr. Korn has served as CFO for six other businesses, including SnapOne and Antenna Software. His leadership enabled Antenna Software to grow at an 87% CAGR through a combination of acquisitions and organic growth during his 10-year tenure. He also spent 10 years with IBM as a member of the senior management team that created IBM's highly-succes...

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