New chairman for COSCO Pacific
The terminal operator COSCO Pacific said Wednesday it has named a new chairman, Xu Lirong, a director of the company since 2000.
Xu succeeds Chen Hongsheng, who resigned as chairman effective Tuesday. He has previously served with sister company COSCO Container Lines, as well as posts with the Shanghai International Freight Forwarding Co. He also served as president of the Shanghai Shipping Exchange.
The company said in a statement that Hongsheng’s departure was due to a “change of work designation of the directors.”
New chairman for COSCO Pacific
