CHINA-ECONOMY: FOUNDER OF CHINA'S HOME APPLIANCES AND ELECTRONICS CONGLOMERATE 'HAIER GROUP IS STEPPING DOWN AS CHAIRMAN

Caixin disclosed that Zhang Ruimin, the founder and Chairman of Chinese home appliances and electronics giant Haier Group, is stepping down, the company announced in a statement on November 5. It said Haier President Zhou Yunjie will succeed him as Chairman and Chief Executive Officer, and Executive Vice President Liang Haishan will replace Zhou as President





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