Management ChangeAug 7, 2026, 05:24 PM
Microvast Appoints Derek Liu as New Chief Accounting Officer
AI Summary
Microvast Holdings, Inc. announced the appointment of Derek Liu as its new Chief Accounting Officer, effective on or about August 7, 2026. Mr. Liu brings extensive financial experience, having previously served as Chief Financial Officer at Silvercorp Metals Inc. from 2015 to 2025 and at Canickel Mining Limited from 2011 to 2014. His compensation package includes an annual base salary of $350,000 and a target annual bonus opportunity of 50% of his base salary.
Key Highlights
- Microvast Holdings, Inc. appointed Derek Liu as its new Chief Accounting Officer.
- Mr. Liu's employment is expected to commence on or about August 7, 2026.
- He previously served as Chief Financial Officer at Silvercorp Metals Inc. from 2015 to 2025.
- His annual base salary will be $350,000.
- Target annual bonus opportunity is 50% of his annual base salary.
- Mr. Liu will be eligible to participate in the company's long-term incentive plan and benefits.
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