Summary by Moomoo AI
GigaCloud Technology Inc announced the resignation of CFO David Lau, effective August 19, 2024. Lau will remain as an advisor until September 19 to assist with the transition. Erica Wei, the company's Vice President of Finance, will serve as Interim CFO starting August 19.Wei, 32, joined GigaCloud in August 2023 and has made significant contributions, including leading the company's transition to a U.S. domestic issuer and compliance efforts under the Sarbanes-Oxley Act. She previously spent nearly a decade at PwC's Los Angeles office, advancing to Senior Manager in auditing services.Larry Wu, CEO of GigaCloud, expressed gratitude for Lau's leadership, particularly in guiding the company through its IPO in August 2022 and strategic acquisitions. The transition coincides with the second anniversary of GigaCloud's initial public offering, with the company emphasizing continuity and positioning for long-term success.
