- RISE Education Cayman Ltd's REDU Chief Financial Officer Warren Wang has decided to resign from his role as of August 31, 2021, due to personal reasons.
- Alex Wu will serve as the company's acting CFO, effective September 1, 2021.
- To ensure a smooth transition, Warren Wang is expected to remain with the company until September 30, 2021.
- Before joining RISE, Wu worked as an executive vice president at Bain Capital Private Equity and oversaw RISE as a portfolio company since 2017.
- Wu holds a bachelor's degree in computer science from Peking University and an MBA degree from the Australian Graduate School of Management at the University of New South Wales.
- Price Action: REDU shares closed higher by 2.62% at $0.89 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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