July 6/Daqing, China/PRNewswire-Asia-FirstCall -- China Nutrifruit Group Limited announced that at the company's board meeting held on July 3, 2010, the board accepted Jinglin Shi's resignation to step down as CEO and appointed the company's chairman, Changjun Yu, as the its new chief executive officer. The company also announced the appointment of Jizeng Zhang as the company's director, effective immediately.
Jinglin Shi resigned as chief executive officer, president and director of the company, due to personal and health reasons. "Shi's resignation was not due to any disagreement with the company on any matter relating to the company's operations, policies or practices."
Yu has over 14 years of experience in the food industry. He is the founder of China Nutrifruit's wholly owned subsidiary, Daqing Longheda Food Company Limited "Longheda," and he has served as the chairman of the board of directors since August 14, 2008. Yu has been the chairman of Longheda since its formation in 2004. From 2001-2003, Yu was the vice president of sales of Haerbin Shengjinlai Economic and Technology Development Co. Ltd. From 1997-2000, He served as the vice president of production and then vice president of sales of Shandong Qingzhou Dajinxing Aviation Beverage Co. Ltd. He will continue in his position as chairman of the board.
Zhang joined China Nutrifruit in 2004 as administration supervisor and was subsequently promoted to be the administrative officer in 2005. He is responsible for the company's daily administrative duties. Zhang has over 24 years of experience as a police officer in Inner Mongolia, where his most recent position was the head of police department at Da Yang Shu county, Inner Mongolia. From the experience of being the head of police department, Zhang provided a very effective administrative control to the company.
"I would like to thank Mr. Shi for his valuable contributions to the company. Under his leadership, China Nutrifruit achieved great success and is well positioned for future growth. We wish him all the best for a speedy recovery," commented Changjun Yu, chairman of China Nutrifruit. "We do not expect the resignation of Mr. Shi to interrupt the daily operation of our business. At the same time, we welcome Mr. Zhang on board and look forward to his valuable contributions to the board. As the founder of the company, I will continue to work closely with our management team to steer the company's growth and expansion into the high-margin rapidly growing fruit and vegetable powder segment."
From the July 7, 2010, Prepared Foods' Daily News
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