Chinese Company CFO Resignation Du Jour: Qiao Xing Universal Resources Inc.

When is this officially a pattern? Or is it simply a trend? Qiao Xing CFO Jiang Aijun resigned today but have no fear investors! – the company has appointed a financial controller and is on the hunt for a new CFO.

Plus they’re planning to file their fiscal 2010 results a month ahead of schedule. The company’s stock was down 12% for the week prior to today’s announcement and unfortunately, all this fresh news doesn’t seem to have calmed anyone down. [Dow Jones, Earlier, Earlier]

When is this officially a pattern? Or is it simply a trend? Qiao Xing CFO Jiang Aijun resigned today but have no fear investors! – the company has appointed a financial controller and is on the hunt for a new CFO.

Plus they’re planning to file their fiscal 2010 results a month ahead of schedule. The company’s stock was down 12% for the week prior to today’s announcement and unfortunately, all this fresh news doesn’t seem to have calmed anyone down. [Dow Jones, Earlier, Earlier]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Mass Exodus at KPMG or Just a Day Ending in Y?

Meanwhile, in the Asia-Pacific (India, we think)… Twelve years ago my esteemed former colleague Caleb Newquist got clowned for calling six resignations at KPMG NYC an exodus so we’ll refrain from warnings about skies falling down for now. Latest Accounting Jobs–Apply Now: Senior Accountant, Nonprofit clients Remote Posted 3 weeks ago Senior Tax Associate (CPA […]

a young lady in a jean jacket against a bright yellow background

Gen Z is Wearing ‘Pajamas’ to Work and No One Cares

We here at Going Concern have always worked remotely, cranking out our hard-hitting investigative journalism from the nearest coffee shop or cat hair-covered couch in our nicest T-shirts since 2009. When the pandemic hit in early 2020, Bramwell and I applied our expertise (for once) and wrote a remote work guide for those of you […]