BEST Inc. Appoints Gloria Fan as Chief Financial Officer, Effective on November 18, 2019
November 13, 2019 at 09:00 am
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BEST Inc. announced the appointment of Ms. Gloria Fan as Chief Financial Officer, effective on November 18, 2019. Ms. Fan will report directly to Mr. Johnny Chou, Chairman and Chief Executive Officer of BEST. Ms. Fan brings over 20 years of financial management, capital markets and operational experience in both public and private technology companies. Most recently, she served as CFO of Corporate Visions Inc., a software as a service company, from September 2015. Previously she spent nearly 10 years as CFO for a number of clean technology companies, including Bridgelux Inc. and ClearEdge Powers Inc. From 1999 to 2006, Ms. Fan worked at UTStarcom Inc. where she held senior management roles including Vice President of Finance and Global Business Operations and oversaw the company's listing on the NASDAQ. Ms. Fan passed the U.S. CPA exam, and she holds a Master of Science degree from Purdue University. Ms. Jenny Pan, who has served as company's principal accounting officer in the interim since June 30, 2019, will continue in her senior finance management role and support Ms. Fan.
BEST Inc is a China-based holding company. The Company mainly conducts its business through its subsidiaries, variable interest entities (VIEs) and VIEs' subsidiaries. The Company operates its business through five segments. The Supply Chain Management Services segment provides warehouse management, order fulfillment services and transportation services to its offline and online enterprise customers. The Express Delivery Services segment provides express services that comprise sorting, line-haul and feeder transportation services to its franchisee service stations. The Freight Delivery Services segment provides freight services that comprise sorting, line-haul and feeder transportation services mainly to its franchisees. The Store + Services segment deliveries the consumer goods to its convenience store membership customers. The Other Value-added Services segment principally relates to finance leasing services, cross-border logistic services and UCargo transportation services.