Manganese Bronze Holdings PLC ("MBH" or "the Company"), the leading manufacturer of the distinctive London taxi, today announces the following board changes:
- Mr Frank Cao, a non-executive director, has resigned with immediate effect due to other work commitments
- Mr Daniel Li has been appointed as a non-executive director with immediate effect.
Mr Li has been an executive director of Geely Automobile Holdings Limited since May 2011 following his appointment as a Vice President and Chief Financial Officer of Zhejiang Geely Holding Group Company Limited, the controlling shareholder of Geely Automobile Holdings Limited, in April 2011.
John Russell, Chief Executive of MBH, said: 'Mr Li's background and experience will be a real asset to the Company. The Board also expresses its gratitude to Mr Cao for his contribution to its leadership.'
For further information, please contact: | ||
Manganese Bronze Holdings PLC | ||
John Russell, Group Chief Executive | Tel: +44 (0) 24 7657 2108 | |
FTI Consulting (formerly Financial Dynamics) | ||
Nick Hasell/Sophie Moate | Tel: +44 (0) 20 7269 7291 | |
Grant Thornton UK LLP | ||
Philip Secrett/Melanie Frean | Tel: +44 (0) 20 7728 2578 | |
Mr Li Dong Hui, Daniel, aged 41, is responsible for the overall strategic planning of Geely's finances and investment activities. He has extensive experience at a senior level within both the People's Republic of China and with sino-foreign entities, particularly in relation to management accounting, financing, strategic planning and business development.
Mr Li graduated from the Kelley School of Business of Indiana University in the United States with a Master's Degree in Business Administration in 2010 and graduated from the Beijing Institute of Machinery in the People's Republic of China with a Master's Degree in Management Engineering with a major in Financial Management in 1997. Mr Li is also a graduate of the Renmin University of China with a Bachelor's Degree in Philosophy (1991).
Current Directorships | Past Directorships |
Geely Automobile Holdings Limited | Cummins Generators China |
Zhejiang Geely Holding Group Company Limited |
There are no further matters required to be disclosed by Schedule Two, Paragraph (g) of the AIM Rules.
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