YXT.com Announces Strategic Management Changes
YXT.com announced significant management changes on November 27, 2024. CEO Teng Zu resigned due to personal reasons and was appointed vice chairman of the Board. Xiaoyan Lu, the company's founder, director, and Board chairman, will assume the CEO position while maintaining his chairman role. Additionally, Chief Technology Officer Yazhou Wu will take on the additional role of Chief Operating Officer (COO), overseeing operational management while continuing his technology leadership responsibilities.
YXT.com ha annunciato significativi cambiamenti nella direzione il 27 novembre 2024. Il CEO Teng Zu si è dimesso per motivi personali ed è stato nominato vicepresidente del Consiglio. Xiaoyan Lu, fondatore dell'azienda, direttore e presidente del Consiglio, assumerà la posizione di CEO, mantenendo anche il suo ruolo di presidente. Inoltre, il Direttore Tecnico Yazhou Wu assumerà anche il ruolo di Chief Operating Officer (COO), supervisionando la gestione operativa mentre continua a guidare le responsabilità tecnologiche.
YXT.com anunció cambios significativos en la gestión el 27 de noviembre de 2024. El CEO Teng Zu renunció por razones personales y fue nombrado vicepresidente de la Junta. Xiaoyan Lu, fundador de la empresa, director y presidente de la Junta, asumirá la posición de CEO, manteniendo su rol como presidente. Además, el Director de Tecnología Yazhou Wu asumirá el cargo adicional de Director de Operaciones (COO), supervisando la gestión operativa mientras continúa con sus responsabilidades de liderazgo tecnológico.
YXT.com은 2024년 11월 27일에 중요한 경영 변화를 발표했습니다. CEO Teng Zu는 개인적인 사유로 사임하고 이사회 부의장으로 임명되었습니다. 회사의 창립자이자 이사회 의장인 Xiaoyan Lu는 CEO 직책을 맡고 의장직도 유지합니다. 또한, 최고 기술 책임자 Yazhou Wu는 COO(Chief Operating Officer) 역할을 추가로 맡아 운영 관리를 감독하면서 기술 리더십 책임도 계속 수행합니다.
YXT.com a annoncé d'importants changements de direction le 27 novembre 2024. Le PDG Teng Zu a démissionné pour des raisons personnelles et a été nommé vice-président du Conseil. Xiaoyan Lu, le fondateur de l'entreprise, directeur et président du Conseil, assumera le poste de PDG tout en maintenant son rôle de président. De plus, le directeur technologique Yazhou Wu prendra également le rôle de directeur des opérations (COO), supervisant la gestion opérationnelle tout en continuant à assumer ses responsabilités de leadership technologique.
YXT.com kündigte am 27. November 2024 bedeutende Veränderungen im Management an. CEO Teng Zu trat aus persönlichen Gründen zurück und wurde zum stellvertretenden Vorsitzenden des Vorstands ernannt. Xiaoyan Lu, der Gründer des Unternehmens, Direktor und Vorsitzender des Vorstands, wird die Position des CEO übernehmen und gleichzeitig seine Vorsitzendenrolle beibehalten. Darüber hinaus wird der Chief Technology Officer Yazhou Wu zusätzlich die Rolle des Chief Operating Officer (COO) übernehmen und die betriebliche Leitung überwachen, während er weiterhin seine technischen Führungsaufgaben wahrnimmt.
- Founder and chairman Xiaoyan Lu returns to CEO position, ensuring leadership continuity
- CTO's role expansion to COO indicates stronger operational integration
- Former CEO remains involved as vice chairman, maintaining institutional knowledge
- Unexpected CEO resignation could create short-term leadership transition uncertainty
SUZHOU, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- YXT.com Group Holding Limited (NASDAQ: YXT) (“YXT.com” or the “Company”), a leader and disruptor of the digital corporate learning industry in China, today announced changes to its senior management team.
Mr. Teng Zu has resigned from his position as the chief executive officer (“CEO”) due to personal reasons, effective today. Mr. Zu’s resignation did not result from any disagreement with the Company. In addition, the board of directors of the Company (the “Board”) appointed Mr. Zu as the vice chairman of the Board, effective today. Mr. Zu will remain with the Company as a director and the vice chairman of the Board.
Following this transition, the Board has appointed Mr. Xiaoyan Lu, the Company's director, founder, and chairman of the Board, to serve as the CEO of the Company, effective today. Mr. Lu will continue his role as chairman of the Board.
Additionally, the Board has appointed Mr. Yazhou Wu, the Company's chief technology officer (“CTO”), to the additional role of chief operating officer (“COO”). In this expanded capacity, Mr. Wu will oversee the Company’s overall operational management while continuing his technology leadership role.
“I am honored to return as CEO at this pivotal time,” said Mr. Xiaoyan Lu. “Mr. Zu has built a strong foundation in digital corporate learning, and I am confident that with our enhanced management structure and dedicated team, we are well-positioned to accelerate our growth strategy. We remain committed to driving innovation in digital corporate learning and creating lasting value for our stakeholders.”
Safe Harbor Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to”, or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
About YXT.com
As a technology company, YXT.com provides corporations with digital corporate learning solutions, including SaaS platforms, learning content, and other services. YXT.com is a leader and disruptor of the digital corporate learning industry in China. Established in 2011, YXT.com has supported Fortune 500 companies and other leading companies with their transformation and digitalization of learning and development, and has received recognition, respect and recurring business.
Contact
Robin Yang
ICR, LLC
YXT.IR@icrinc.com
+1 (646) 405-4883
FAQ
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