Nam Tai Property (NTPIF) has released an update.
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Nam Tai Property has appointed Bo Hu as its new CEO, effective October 23, 2024, with an annual salary of $750,000 and performance-based incentives. Chunhua Yu, the former CEO, has been appointed as President and will receive a salary of $300,000 along with equity-based awards. The company also amended its Long Term Incentive Plan to increase its share reserve to 10 million shares.
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