CEO Quits At Struggling Chinese Retailer Li Ning, Olympian Founder To Assume Post
- Thursday, July 5, 2012, 1:43
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Financially struggling Chinese sportswear retailer Li Ning said today CEO Zhang Zhi Yong had quit effective yesterday, and the company’s Olympic gymnast founder would become CEO until a replacement has been found.
http://www.forbes.com/sites/russellflannery/2012/07/04/ceo-quits-at-struggling-chinese-retailer-li-ning-olympian-founder-to-assume-post/