Pou Sheng International appointed Lee Shao-Wu as chief executive officer.
Shao Wu served as the head of strategic investment planning department and executive eirector of Yue Yuen Industrial Limited since January 2011 until February 6. He resigned from Yue Yuen on February 6.
On January 11,Pou Sheng fired its CFO, Pou Sheng, and said its CEO Kwan Heh-Der had resigned amid accounting irregularities.
Pou Sheng is a spin off of Taiwan’s apparel and footwear maker Yue Yuen, which owns factories in mainland China, Vietnam and Indonesia, producing 300 million pairs of shoes every year for Nike, Adidas, Reebok, New Balance, Puma and Timberland.
