ZTE replaces top brass

|By:, SA News Editor

ZTE (OTCPK:ZTCOY) has named a new slate of top executives as the Chinese telecom equipment firm works toward lifting a U.S. supplier ban.

Among them is CEO is Xu Ziyang, the former head of the company’s business in Germany, as well as a new CFO, CTO and CHRO.

The fresh leadership were appointed less than a week after ZTE's board of directors resigned and shareholders voted to install a new eight-person board.

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