Burning Rock Announces The Resignation Of Mr. Leo Li As A Director And As The Co's CFO, Effective September 27, 2024; Concurrently, Ms. Xiaozhi Hu Will Be In Charge Of Financial Operations
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Burning Rock Biotech Limited (NASDAQ:BNR) announced the resignation of Mr. Leo Li as a director and CFO, effective September 27, 2024. Ms. Xiaozhi Hu will take charge of financial operations.
September 27, 2024 | 12:43 pm
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Burning Rock Biotech announced the resignation of CFO Leo Li, effective September 27, 2024. Ms. Xiaozhi Hu will assume responsibility for financial operations. This leadership change is not due to any disagreements.
The resignation of a CFO can be significant, but since it is stated to be for personal reasons and not due to disagreements, the immediate impact on stock price may be neutral. The appointment of Ms. Xiaozhi Hu, who has extensive experience, should provide stability.
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