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China Online Education Group Announces Change to Board Composition
May 11, 2021 GMT
BEIJING, May 11, 2021 /PRNewswire/ China Online Education Group (“51Talk,” or the “Company”) (NYSE: COE), a leading online education platform in China with core expertise in English education, announced today that its board of directors (the “Board”) has appointed Mr. Shengwen (Roy) Rong as an independent director, effective May 11, 2021. Mr. Rong will also serve as a member and chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board. Also effective May 11, 2021, Mr. Conor Chia-hung Yang resigned as a director of the Company for personal reasons and stepped down as a member and chairman of the audit committee of the Board, a member of the compensation committee of the Board,