COSCO SHIPPING Ports (HK:1199) has released an update.
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COSCO SHIPPING Ports Limited has announced significant leadership changes effective from 26 June 2024, with Mr. YANG Zhijian stepping down as Chairman and executive Director due to retirement, and Mr. ZHU Tao, previously an executive Director and managing director, appointed as the new Chairman. Mr. ZHU Tao brings a wealth of experience to his new role, having held various managerial positions within the company and its subsidiaries, and will receive an annual salary of HK$2,570,000 without additional remuneration for his other roles in the company.
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