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Sino-Global Names Yang Jie To Succeed Lei Cao As CEO

  • Sino-Global Shipping America, Ltd. (NASDAQ: SINO) Chairman and Chief Executive Officer Lei Cao plans to step down as Chief Executive Officer effective November 1, 2021.

  • Cao will remain Chairman of the Board, ensuring a smooth transition, having served as CEO since founding the company in 2001.

  • The company's Board of Directors unanimously elected Yang "Leo" Jie, to succeed Lei Cao, effective November 1, 2021.

  • Yang "Leo" Jie has served as Vice President of Sino-Global since January 2021. He previously served in management roles in both the U.S. and China.

  • The company also named its Acting Chief Financial Officer, Ms. Tuo Pan, as its finance chief.

  • Price Action: SINO shares are trading higher by 10.9% at $3.38 on the last check Monday.

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