Tencent Music announced that Zhenyu Xie has tendered his resignation from his executive positions as the company’s president, CTO and other relevant roles, along with his position as a member of the board of directors. These resignations, submitted for personal reasons, will take effect on March 31. Xie will serve as a consultant to the company. In addition, the board has appointed Min Hu, the company’s CFO, as a director of the company, effective March 31.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TME:
- Wells Fargo downgraded, Best Buy upgraded: Wall Street’s top analyst calls
- Tencent Music price target raised to $13.50 from $11 at Morgan Stanley
- Tencent Music upgraded to Buy from Neutral at Goldman Sachs
- Tencent Music price target raised to $10.40 from $9.50 at HSBC
- Tencent Music price target raised to $14 from $9 at Benchmark
Questions or Comments about the article? Write to editor@tipranks.com