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emptyone

09/08/14 8:42 PM

#70863 RE: Traderfan #70862

TF, I don't know, she worked for major accounting firms but it takes more to be a CFO than an accountant, I should know I have worked for one of the firms she did and have been a CFO. A CFO takes more than closing the books. If she is a glorified controller so be it, I am sure she is qualified. But she needs some help with her communication skills, a PR firm could help her. In the mean time Dan should lead the calls.

RealDutch

09/08/14 8:48 PM

#70864 RE: Traderfan #70862

So my question would be why does Solomon take someone that has never been CFO before and/or has no clue?



The answer is in the prepared remarks of the CC

"I believe the Company is now in an advantageous position to focus additional resources to strengthen the Company’s corporate governance expertise. In fact, this is the reason I am here, and that we recently appointed Mr. Alan Wong as Chief Internal Auditor to review and monitor our systems of control. We will initiate new corporate level initiatives; for instance, further streamline and standardise accounting systems and set accounting policies, etc."

Solomon doesn't need a CFO. He needs effective internal controls.
And I'm pretty sure that Euro China wouldn't have invested $25M if they hadn't hired Olivia.

melehuna

09/09/14 2:51 AM

#70880 RE: Traderfan #70862

Olivia Lai also says in her prepared remarks that she didn't know Solomon Lee until she applied for this job.

http://sinoagrofood.investorroom.com/index.php?s=43&item=118