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Microvast Holdings announced the appointment of Craig Webster as the new Chief Financial Officer effective April 14, 2022. He replaces Yanzhuan Zheng, who transitions to a senior advisory role after serving as CFO since 2010. Sascha Kelterborn, previously Chief Revenue Officer, is named President, focusing on daily operations. Chairman Yang Wu praised Zheng's contributions and highlighted Webster's extensive industry knowledge. The company aims to leverage its leadership changes for future growth in the lithium-ion battery market.