Summary by Moomoo AI
GigaCloud Technology announced that CFO David Lau will resign effective August 19, 2024, to pursue other business interests. Erica Wei, the company's Vice President of Finance, will assume the role of Interim CFO. Lau will remain as an advisor until September 19, 2024, to ensure a smooth transition.Wei, 32, joined GigaCloud in August 2023 as VP of Finance and has played a crucial role in the company's transition to a U.S. domestic issuer and Sarbanes-Oxley Act compliance efforts. She brings nearly a decade of experience from PwC's Los Angeles office, where she served as Senior Manager in auditing services. Wei holds a Bachelor of Science in accounting from the University of Southern California.Under Lau's leadership, GigaCloud successfully completed its IPO in August 2022 and executed strategic acquisitions of Noble House and Wondersign. CEO Larry Wu praised Lau's contributions to the company's growth and market position enhancement.
