Management ChangeJun 3, 2026, 05:31 PM
Lotus Tech Appoints Joe Quan Zhang as New Board Chairman
AI Summary
Lotus Technology Inc. announced a change in its Board composition, appointing Mr. Joe Quan Zhang as a new member and chairman, effective June 3, 2026. Mr. Zhang will also chair the compensation and nominating and corporate governance committees. He succeeds Mr. Daniel Donghui Li, who stepped down from his roles on May 31, 2026, due to personal reasons. Mr. Zhang brings over a decade of experience from Geely Holding, where he serves as Vice President and CFO, and his appointment comes as Lotus Tech enters a new growth phase with its Focus 2030 strategy.
Key Highlights
- Lotus Tech appointed Mr. Joe Quan Zhang as a member and chairman of the Board, effective June 3, 2026.
- Mr. Zhang will also chair the compensation committee and the nominating and corporate governance committee.
- Mr. Zhang succeeds Mr. Daniel Donghui Li, who stepped down from the Board and committees effective May 31, 2026.
- Mr. Li's departure was due to personal reasons, after serving as chairman since 2021.
- Mr. Zhang is Vice President and Chief Financial Officer of Zhejiang Geely Holding Group.
- The company is entering its next phase of growth, executing its Focus 2030 strategy.
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