This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Mindray Announces Appointment Of Three Members To Its Executive Team

SHENZHEN, China, June 12, 2013 /PRNewswire/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, today announced that the company has appointed Mr. Cheng Minghe to be co-Chief Executive Officer (co-CEO). Mr. Cheng is currently the company's Chief Strategic Officer and will maintain this role. Mr. Li Xiting, Mindray's President and CEO, will now be President and co-CEO and will remain the company's director of the board. 

The company has also appointed Mr. Wang Jianxin to be Chief Administrative Officer and Ms. May Li to be Chief Investment Officer. Mr. Wang was previously Vice President of Mindray and Ms. Li was previously the Deputy CFO. All appointments will take effect immediately.

In Mr. Cheng's new role, he will assist Mr. Li in executing the company's strategies and overseeing its operations. As a co-founder of Mindray, Mr. Cheng has served in various roles across sales, marketing and strategic development since the company's establishment in 1991. Mr. Cheng received his bachelor's and master's degrees in biomedical engineering from Shanghai Jiaotong University.

"I am very excited about Mr. Cheng's appointment as the co-CEO," commented Mr. Li. "His extensive experience and exceptional leadership skills made him an ideal candidate for this role. I look forward to him joining me in fulfilling our company's vision and mission in the future."

"I am very honored to be entrusted with this opportunity and look forward to my new role in implementing Mindray's growth strategies," added Mr. Cheng. "I will work very closely with Mr. Li on future ventures in order to take the company to the next level."

In Mr. Wang's new role, he will be responsible for China sales, marketing, research and development, and some other operations. Mr. Wang has served in the company for more than six years in public relations. He previously held executive roles in the private and public sectors. He received his master's degree in Management Science and Engineering from Harbin University of Science and Technology, and his bachelor's degree in Automation from the University of Shanghai for Science and Technology.

In Ms. Li's new role, her responsibilities will include corporate finance, investor relations and strategic development. Ms. Li has served the company for more than five years in various roles across investor relations, finance and strategic development. Ms. Li worked in financial communications and sales management prior to joining Mindray. She received her bachelor's degree in Sociology from Peking University.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs