Effective today, the Company's Board of Directors has accepted Raymond Yang's resignation as Chief Executive Officer and Executive Director of the Company.
Colin Sung, the Company's Chief Financial Officer, will assume the position of acting Chief Executive Officer until a permanent successor is named. Him Tiem Foo, currently the Company's Vice President of Finance, has been promoted to the position of Deputy Chief Financial Officer.
Comment: Linktone reports Q4 2005 earnings Monday. Is the CEO's resignation a sign that Q4 earnings will be worse than those stated in the company's recent pre-announcement?
LTON 1-Y Price Performance: