Cheetah Net Supply Chain Service Inc. announces resignation of Chief Financial Officer
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a provider of warehousing and logistics services, announced Resignation of Chief Financial Officer Robert Cook effective August 30, 2024Cook’s departure is for personal reasons and is not related to any disagreement with the company. He will be available part-time to provide consulting services as needed.
Despite difficult market conditions, Cook expressed satisfaction with his role in Cheetah’s successful IPO in August 2023. The company’s board will begin searching for a new CFO and will consider both internal and external candidates. In the meantime, Tony Liu, Chairman and CEO, will serve as interim CFOand assumes the duties of Chief Financial Officer and Chief Accountant.
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a marketing and logistics service provider, has announced this Retirement of Chief Financial Officer Robert Cook on August 30, 2024. The partnership with Cook is based on personal motives and is not in conflict with the Company. Temporary consultation services are available when needed.
Cook has been preparing espresso drinks for his success in Cheetah’s IPO in August 2023, without affecting the difficult trading conditions. The Board of Directors of the Company has issued an appointment for a new CFO and is considering candidates for interns and trainees. Nel frattempo, Tony Liu, Chairman and CEO, will take over as CFO ad interimResponsibility holder of the Main Financier and Main Contact.
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a provider of storage and logistics services, announced Farewell to its finance director Robert Cook on August 30, 2024. The salida de Cook must be directed to the personalities and not associated with disappointments with the company. Temporary and partially necessary consulting services are available to you.
Cook expressed his satisfaction with his paper at the close of Cheetah’s IPO in August 2023, considering the disappointing conditions of the market. The company’s management directive is aimed at the position of a new CFO and considers both internal and external candidates. Mientras tanto, Tony Liu, President of the Junta and CEO, takes over the role of CFOassumes the responsibility of the chief financier and the chief constable.
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT). August 8, 2024, September 30, 2024, 2024, August 24, 2024. 쿡의 사임은 개인적인 이유로 발생하며 회사와의 불화와는 관련이 없습니다. 필요할 경우 파트타임 자문 서비스로 제공될 예정입니다.
September 2023, September 8, 2023, September 18, 2023, September 20, 2023. 1999-09-04 려하여 검색을 수행할 것입니다. 동안 I have chosen the CEO and the CFO as the new CEO.
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a Fournisseur de Services d’entreposage et de logistique, an announcement The dismissal of Finance Director Robert Cook will take effect from 30 August 2024. Cook’s departure is for personnel reasons and does not represent a break with the company. Temporary advisory services are available if required.
Prepare to play his role in Cheetah’s IPO in Russia in August 2023, in difficult market conditions. The Conseil d’Administration de l’entreprise is conducting a search for a new financial director and advising the interests of internal and external candidates. En Companion, Tony Liu, President of the Conseil et PDG, joined the Director of Financial Administrationassuming the responsibility of the main financier and the main responsible comptable.
Cheetah Net Supply Chain Service Inc. (Nasdaq CM: CTNT), a provider of warehousing and logistics services, announced the Resignation of its Chief Financial Officer, Robert Cook, effective August 30, 2024 Known. Cook’s resignation is for personal reasons and is not related to any disagreements with the company. He will be available for part-time consulting services as needed.
Cook expressed his satisfaction with his role in Cheetah’s successful IPO in August 2023, despite challenging market conditions. The company’s board will consider both internal and external candidates in its search for a new CFO. In the meantime, Tony Liu, Chairman of the Board and CEO, will serve as interim CFO and assume the responsibilities of Chief Financial Officer and Chief Accountant.
Positive
- Successful completion of the IPO in August 2023 despite difficult market environment
- The outgoing CFO is available for part-time consulting
- Smooth transition with CEO stepping in as interim CFO
Negative
- CFO resignation could jeopardize financial leadership
- Possible challenges in finding a suitable successor for the CFO
CHARLOTTE, NC, Aug. 28, 2024 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Service Inc. (“Cheetah” or “the Company”) (Nasdaq CM: CTNT), a provider of warehousing and logistics services, today announced that Robert Cook, the Company’s Chief Financial Officer (“CFO”), has resigned from his position, effective August 30, 2024. Mr. Cook’s resignation was for personal reasons and not due to any disagreement with the Company regarding the Company’s operations, policies or practices. He will be available to the Company on a part-time basis as a consultant upon request from the Company.
Mr. Cook commented, “I am very pleased to have served as Cheetah’s first CFO and to have been a member of the team of dedicated professionals that successfully completed the Company’s IPO in August 2023. We have worked very hard in challenging market conditions to achieve this success and I expect this level of commitment to continue as the Company looks to expand its capabilities in providing logistics and warehousing support for international trade between the United States and the People’s Republic of China.”
The Board of Directors of the Company (the “Board”) intends to seek potential internal and external candidates to fill the vacancy created by Mr. Cook’s resignation. In the interim, Tony Liu, the Chairman and CEO of the Company, will serve as interim CFO and assume the duties of the Company’s chief financial officer and chief accounting officer.
About Cheetah Net Supply Chain Service Inc.
Cheetah Net is a logistics and warehousing services provider and supply chain finance facilitator historically known for providing parallel import vehicles. The company now focuses on facilitating non-vehicle trade and offers warehousing services, logistics services, freight forwarding services and warehouse finance services to its clients. For more information, please visit the company website at: https://cheetah-net.com.
Forward-looking statements
This press release contains certain forward-looking statements, including statements that are forward-looking in nature. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. These statements can be identified by the use of forward-looking terminology, including, without limitation, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in forward-looking statements are set forth under the heading “Risk Factors” in the Company’s filings with the Securities and Exchange Commission (SEC), including its Registration Statement on Form S-1, as amended.
For further information please contact:
Cheetah Net Supply Chain Service Inc.
Investor information
(704) 826-7280
[email protected]
Frequently Asked Questions
Why did Robert Cook resign as CFO of Cheetah Net Supply Chain Service Inc. (CTNT)?
Robert Cook resigned as CFO of Cheetah Net Supply Chain Service Inc. (CTNT) for personal reasons, effective August 30, 2024. The resignation was not due to any disagreement with the Company’s business, policies or practices.
Who will replace Robert Cook as CFO of Cheetah Net Supply Chain Service Inc. (CTNT)?
Tony Liu, Chairman and CEO of Cheetah Net Supply Chain Service Inc. (CTNT), will serve as interim CFO while the company seeks potential internal and external candidates to fill the position permanently.
When did Cheetah Net Supply Chain Service Inc. (CTNT) complete its IPO?
Cheetah Net Supply Chain Service Inc. (CTNT) has successfully completed its IPO in August 2023, as mentioned by outgoing CFO Robert Cook.
Will Robert Cook continue to work for Cheetah Net Supply Chain Service Inc. (CTNT) after his retirement?
Yes, Robert Cook will be available to Cheetah Net Supply Chain Service Inc. (CTNT) on a part-time basis to provide consulting services following his retirement, at the company’s request.
