Helport AI Announces CFO Transition

Rhea-AI Summary

Helport AI (NASDAQ: HPAI) announced a CFO transition, with Mr. Tao Ke stepping down effective March 12, 2025. The company has appointed Amy Fong, current President and Director, as interim CFO while searching for a permanent replacement.

Fong, who joined as President and Director in January 2025, brings over 25 years of experience across banking, private equity, management consulting, and non-profit sectors. Her previous roles include:

• COO and Managing Director at FountainVest Partners (Asia) (2019-2024)
• CEO of Save the Children Hong Kong
• Two decades in financial services with JP Morgan, Credit Suisse, and Merrill Lynch

She holds an MBA in Finance from Columbia Business School and a BSBA in Accounting and International Finance from Georgetown University.

Positive

• Appointment of highly experienced interim CFO with 25+ years of financial and operational expertise
• Smooth leadership transition with internal candidate already familiar with company operations
• New interim CFO brings extensive capital markets and public company experience

Negative

• Unexpected departure of CFO during critical post-IPO period
• Uncertainty period with temporary CFO arrangement while searching for permanent replacement

Company Names 25-Year+ Seasoned Financial Executive, Amy Fong, as Interim Chief Financial Officer

SINGAPORE and SAN DIEGO, March 14, 2025 (GLOBE NEWSWIRE) -- Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software, services, and solutions, today announced that Mr. Tao Ke is no longer serving as Chief Financial Officer (“CFO”) of the Company, effective March 12, 2025. The Company has appointed Amy Fong, President and Director of Helport AI, as interim CFO, effective immediately.

“We take this opportunity to thank Tao for his contributions in assisting Helport AI in its transition into a public company this past year and wish him the best in his future endeavors,” said Guanghai Li, Chief Executive Officer of Helport AI. “We believe that Amy’s extensive financial and operational leadership experience, coupled with her deep understanding of capital markets, makes her well-positioned to oversee our finance functions, as we search for a permanent replacement for this role.”

Ms. Fong, who was appointed President and Director of Helport AI in January 2025, brings over 25 years of experience as a seasoned professional across multiple industries, including banking, private equity, management consulting, and the not-for-profit sector. Prior to joining Helport AI, she was the Chief Operating Officer and later Managing Director of Sustainability and Strategic Initiatives at FountainVest Partners (Asia) since 2019, before transitioning to the role of Senior Advisor in 2024. She previously served as the Chief Executive Officer of Save the Children Hong Kong, a non-governmental organization, and spent two decades in financial services with JP Morgan, Credit Suisse, and Merrill Lynch in both the U.S. and Asia. She holds an MBA degree in Finance from Columbia Business School and a BSBA degree in Accounting and International Finance from Georgetown University.

“I look forward to working closely with our talented teams and supporting the identification of a suitable candidate to serve as our permanent Chief Financial Officer,” said Amy Fong. “We believe that Helport AI is at an exciting inflection point, and we remain focused on accelerating growth and delivering value to our customers and shareholders.”

About Helport AI

Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, Helport AI's business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on Helport AI’s current expectations and projections about future events that Helport AI believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission.

Helport AI Investor Relations:
Website: https://ir.helport.ai/
Email: ir@helport.ai

External Investor Relations Contact:
Chris Tyson 
Executive Vice President
MZ North America
Direct: 949-491-8235
HPAI@mzgroup.us
www.mzgroup.us

FAQ

Why did Helport AI (HPAI) CFO Tao Ke leave the company in March 2025?

The press release doesn't specify the reason for Tao Ke's departure. The company simply acknowledged his contributions in helping Helport AI transition into a public company.

Who is the interim CFO of Helport AI (HPAI) as of March 2025?

Amy Fong, who was already serving as President and Director of Helport AI, was appointed as interim CFO effective March 12, 2025.

What is Amy Fong's professional background before joining Helport AI (HPAI)?

Fong has 25+ years experience, including roles at FountainVest Partners, Save the Children Hong Kong, and 20 years in financial services with JP Morgan, Credit Suisse, and Merrill Lynch.

When did Helport AI (HPAI) become a public company?

Based on the PR, Helport AI became a public company in 2024, as indicated by the mention of Tao Ke's assistance in the company's transition to public status 'this past year.'