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Quotes & Info
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| ORS > SEC Filings for ORS > Form 8-K on 19-Aug-2009 | All Recent SEC Filings |
19-Aug-2009
Change in Directors or Principal Officers
(b) On August 14, 2009, Zhao Hongwei resigned from his position as Chief Financial Officer of Orsus Xelent Technologies, Inc. (the "Company"), effective immediately.
(c) On August 17, 2009, Hua Chen was appointed by the Board of Directors of the Company to serve as Chief Financial Officer to replace Zhao Hongwei, effective as of August 17, 2009.
Prior to his appointment as Chief Financial Officer of the Company, Mr. Hua Chen, age 48, was the Acting CFO of Daye Transmedia Co. Ltd., one of the top media companies in the People's Republic of China, from May 2008 to April 2009. In addition, from August 2005 to May of 2008 he was the Vice General Manager of Elight Capital Inc., a financial consulting company, and from April 1999 to May 2008 he was the Chief Analyst of Genes Capital Group, which performs assets management and investment analysis. Mr. Hua Chen entered a one year employment arrangement with the Company and will receive a base salary compensation of RMB 30,000 (approximately US$4,390) per month for his position as Chief Financial Officer of the Company.
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