CASI Pharma Says Position Of President Of The Company Was Removed, Effective From September 10, 2024
Portfolio Pulse from Benzinga Newsdesk
CASI Pharmaceuticals has removed the position of President, effective September 10, 2024, and created a new role of Senior Vice President to manage projects between China and the US. Wei (Larry) Zhang has been appointed to this new position.
September 12, 2024 | 11:49 am
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CASI Pharmaceuticals has restructured its leadership by removing the President position and appointing Wei (Larry) Zhang as Senior VP to oversee US-China projects.
The removal of the President position and creation of a Senior VP role indicates a strategic shift in CASI's management structure, focusing on US-China project coordination. This change may not have an immediate impact on stock prices but reflects a long-term strategic direction.
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