Kaisa Names CEO in First Executive Change Since Kwok Returns
This article is for subscribers only.
Kaisa Group Holdings Ltd. appointed a new chief executive officer in the first major management change since the return of the Chinese developer’s chairman.
Zheng Yi, 34, who was an executive director, takes over immediately, the company said Thursday in a statement to the Hong Kong stock exchange. The developer has been without a CEO since Feb. 1 when Jin Zhigang stepped down, the third top manager to leave the company in two months.