Core Viewpoint - Lotus Technology Inc. has announced significant changes to its management team, including the appointment of a new Chief Financial Officer and an independent director, aimed at enhancing its leadership and strategic direction in the luxury mobility sector [1][2][3]. Management Changes - Mr. Daxue Wang has been appointed as the Chief Financial Officer effective April 8, 2025, following the resignation of Mr. Alexious Lee for personal reasons [2]. - Mr. Wang has extensive experience in finance, having previously served as CFO of Radar Auto and held executive roles at various financial institutions including Morgan Stanley and Citi Group [2]. - Ms. Catherine Cai has been appointed as an independent director and will serve on multiple committees, bringing over three decades of investment banking experience, including senior positions at UBS and Citigroup [3]. Leadership Comments - Mr. Qingfeng Feng, CEO of Lotus, expressed enthusiasm for Mr. Wang's appointment, highlighting his financial and operational expertise [4]. - Mr. Donghui Li, Chairman of the Board, welcomed Ms. Cai, noting her investment banking expertise will add significant value to the company [4]. Company Overview - Lotus Technology Inc. operates in the UK, EU, and China, focusing on luxury battery electric vehicles and advanced R&D in next-generation automotive technologies [5].
Lotus Technology Announces Management and Board Changes