BEIJING, April 1 /PRNewswire-Asia-FirstCall/ -- Yongye Biotechnology International, Inc. (OTC Bulletin Board: YGYB) ("Yongye" or the "Company"), a leading distributor of nutrients for plants and animals, located in the People's Republic of China, today announced that it named Mr. Sam Yu to be the Company's new chief financial officer effective March 25, 2009. Mr. Yu replaces Larry Gilmore, who served as the Company's principal financial officer. Mr. Gilmore will continue working at Yongye as the vice president of corporate strategy and will remain the Company's primary investor relations contact.
Mr. Yu will be responsible for the Company's financial planning, control
and reporting activities. Prior to joining Yongye, he provided consulting
services to assist Chinese companies in listing on the Nasdaq Stock Market.
Prior to that, he served as Chief Operating Officer of Lionax International
Investment Holding Ltd, where he was responsible for developing the company's
business strategy and oversaw manufacturing, finance and other key operations.
He also assisted the company with its listing on the Euronext Stock Exchange.
Earlier in his career, Mr. Yu served as General Manager and Manager of
Financial Analysis at Underwriters Laboratories in its Asia Pacific business
division and Chicago global headquarters. Mr. Yu holds an MBA from
"I am excited to join a dynamic and growing company such as Yongye," commented Mr. Yu. "I look forward to applying my experience in accounting, finance, and the capital markets to my new position as CFO, and working with an already impressive management team."
"Mr. Yu's knowledge of accounting, finance and the capital markets will
enhance our finance and ac
|SOURCE Yongye Biotechnology International, Inc.|
Copyright©2009 PR Newswire.
All rights reserved