CHINA: Ever-Glory director resigns
Ever-Glory International has said that Bennet P Tchaikovsky, an independent director and chairman of the audit committee and a member of the compensation committee, has resigned from each of the positions.
The resignation was effective on 25 November 2009. Tchaikovsky's resignation was not the result of any disagreement with the company on any matter relating to the company's operations, policies or practices, a statement said.
"We thank Bennet for his contributions and wish him the best of luck in his future endeavors," said Edward Yihua Kang, chairman and CEO of Ever-Glory. "The company has commenced a search for his successor. In the interim, the other two independent directors serving on the audit committee and compensation committee, Mr Zhixue Zhang and Mr Changyu Qi will share Mr Tchaikovsky 's responsibilities until a successor can be named."
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