CEO Quits At Struggling Chinese Retailer Li Ning, Olympian Founder To Assume Post |
July 04, 2012 | July 2012 Bond Updates |
Financially struggling Chinese sportswear retailer Li Ning said today CEO Zhang Zhi Yong had quit effective yesterday, and the company’s Olympic gymnast founder would become CEO until a replacement has been found. |
View more at: http://www.forbes.com/sites/russellflannery/2012/07/04/ceo-quits-at-struggling-chinese-retailer-li-ning-olympian-founder-to-assume-post/ |