Management ChangeApr 22, 2026, 04:32 PM
XMax Inc. Appoints Xiaohua Lu as CEO and President
AI Summary
XMax Inc. has appointed Xiaohua Lu as its new Chief Executive Officer and President, effective April 21, 2026. Under the employment agreement, Mr. Lu will receive an annual salary of $80,000 for a one-year term, which is renewable. He will also be eligible for an annual cash bonus at the Board's discretion and will receive 12 days of paid vacation annually, along with participation in general employee benefit plans.
Key Highlights
- Xiaohua Lu appointed Chief Executive Officer and President.
- Annual salary set at $80,000.
- One-year employment term, renewable.
- Eligible for annual cash bonus at Board's discretion.
- Entitled to 12 days of paid vacation annually.