Bohai Pharma has also appointed Ning Tang, Hongbin Shan and Chunhong Jiang as vice president of operations, vice president of sales and marketing and secretary and treasurer, respectively, who are presently employees of Bohai’s Chinese operating subsidiary.
Mr Hsiao is experienced for over 15 years into corporate finance and management and worked in various public companies, including J&J Snack Foods, RCN, as well as CFO for China Advanced Construction Materials Group from 2008 to 2010, where he held responsibility for all US affairs as well as corporate finance functions in China.
Mr Hsiao was also the controller of Milligan where he was responsible for managing the overall accounting and financial reporting functions as well as the company’s internal control processes. He also had experience as senior operation analyst at Aramark.
Hongwei Qu, president and CEO of Bohai Pharma, said: “We are pleased that Gene Hsiao has joined Bohai to fill the role of CFO, and we look forward to working closely with him as we seek to grow our presence as a US public company. Mr Hsiao’s finance background and experience is expected to be a great asset to Bohai.”