logo
Share SHARE
FONT-SIZE Plus   Neg

Cogo Group Names Andy Liu As CFO

Chinese Semiconductor maker, Cogo Group, Inc. (COGO) announced Monday the appointment of Andy Liu as chief financial officer and director of the board, effective September 23, 2012.

Liu replaces Frank Zheng, who resigned from the position but will continue with the company as an advisor.

Cogo's CEO and chairman, Jeffrey Kang, said, "On behalf of the Board of Directors, we are pleased to have Andy join our management team. We appreciate Frank's great contribution to the company as chief financial officer since 2008 and as a board member since January 2005."

Liu joined Cogo as an Associate of Group Accounting in 2004. During his tenure, Liu has been instrumental in shaping the company's accounting policies and procedures, as well as developing the accounting team. He was named vice president of Group Accounting in June 2012.

Shares of Cogo Group are currently trading at $2.16, up 26 cents or 13.72% on the Nasdaq.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Etihad Airway's Chief Executive Officer James Hogan will leave in the second half this year. Hogan has been with the Abu Dhabi based aviation group since 2006. Chief Financial Officer James Rigney also will depart from service. Seafood lovers must now be prepared to dole out more cash than before for salmon. The price of salmon has surged globally and is now at historic highs amid acute outbreaks of sea lice. According to data from the Nasdaq Salmon Index, the price of salmon has risen by more than 15 percent in the last three months. Health-food restaurant chain Freshii Inc. has increased the price range for its initial public offering in Canada. Freshii has raised the price range for its IPO to C$10 to C$11.50 per share from the prior range of C$8.50 to C$10.0 per share, BNN reported.
comments powered by Disqus
Follow RTT