Innovative Technology Executive Chairman and Interim President Chen Yuzhen Resigns | Lianhe Zaobao
Dr. Chen Yuzhen, Executive Chairman and Interim President of Creative Technology, will step down on January 15 next year to focus on other business and personal matters. The company expresses gratitude for his contributions. Chen Yuzhen has served as Executive Chairman since September 2024 and has held the position of Interim President multiple times. Creative Technology's stock price closed down 5.13% on Friday, at HKD 0.555
Dr. Chen Yuzhen, Executive Chairman and Interim President of Creative Technology, will step down on January 15 next year.
Creative Technology disclosed this news after the market closed on Friday (November 21) on the Singapore Exchange.
The company stated that Dr. Chen decided to resign to focus on other business and personal matters. The board and management expressed their gratitude for his contributions and guidance in the board and company development.
Further Reading
Creative Technology Board Update: Dr. Chen Yuzhen Appointed Chairman CFO of Creative Technology, in office for 27 years, steps down at the end of October
At 73 years old, Dr. Chen Yuzhen began serving as Executive Chairman of Creative Technology in September 2024. In February of this year, following the retirement of the company's former president Song Shaohui, Dr. Chen took on the role of Interim President.
In May of this year, Creative Technology appointed the late founder Shen Wangfu's brother, Shen Yuanfa, as president, but two months later, Shen Yuanfa stepped down for health reasons. Dr. Chen once again assumed the role of Interim President.
Creative Technology's stock price fell 5.13% at Friday's close, reporting at SGD 0.555
