logo
Share SHARE
FONT-SIZE Plus   Neg

ChinaCast Education Names Derek Feng Chairman, Interim CEO Succeding Ron Chan

ChinaCast Education Corp.'s (CAST) board had appointed Derek Feng as chairman and interim chief executive officer or CEO, effective immediately, replacing Ron Chan, who was removed by the board from his role as Chairman and CEO. Director Doug Woodrum has been appointed as special advisor to the Chairman. Also, Director Doug Woodrum has been appointed as special advisor to the Chairman.

Feng has served on the company's board since January 2012. At the time of his appointment, Feng was a private investor and an advisor to education companies. From 2006 to 2011, he was the Executive Vice President, Strategy, Planning and Operations at Knowledge Universe. Considering Feng's appointment as interim CEO, director David Gao would replace Feng as a member of ChinaCast's compensation and special committees, the company added.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Poultry giant Sanderson Farms has blamed the national anthem protests in National Football League for its lower sales for the fourth-quarter and full year. Sanderson Farms, which is one of the biggest chicken providers in the US, said that NFL protests involving players taking a knee during the national... Amazon would reportedly sell Google's Chromecast streaming adapter for this Christmas. The online retailer giant has banned the product from its site for the last two years and has presumably settle the issues. Though the product is not available for sale, it has listed 4K-capable Chromecast Ultra adapter. Europe's no-frills airline Ryanair recognized pilot union for a smooth holiday season ahead. The airline had a discussion with its pilots union in Britain, Germany, Italy, Spain, Ireland, Portugal to iron out the issues. The pilots working for Ryanair have been enjoying different status and many of them were reportedly not in the rolls as full timers.
comments powered by Disqus
Follow RTT