Chervon Holdings (02285) has officially announced the appointment of Mr. Joseph Galli Jr. as the Group's new Chief Executive Officer, effective from September 10, 2026.
Upon the effective date, Mr. Pan Longquan, the founder of the company, will step down from his role as CEO but will continue to serve as Executive Director and Chairman of the Board.
Chairman Pan Longquan expressed his enthusiasm regarding the leadership transition, stating, "It is a great honor to welcome Mr. Galli to lead Chervon into a new chapter. With his outstanding track record in the industry, he is uniquely qualified to steer the company forward. I am confident that his arrival will inject fresh momentum into our business and brands, creating substantial value for our customers and shareholders. The future of Chervon is now in the hands of this distinguished leader."