AutoChina International Ltd., formerly Spring Creek Acquisition Corp., provides commercial auto sales and financing in China. The company today announced the appointment of Jason Wang as the companyâ€™s new CFO, effective immediately.
With more than 10 years of experience in finance, capital markets and company expansion, Wang will head AutoChinaâ€™s overall financial planning and control, as well as China and U.S. GAAP compliance, SEC filings, investor relations, M&A activities, and general corporate financial responsibilities.
â€œWe expect Jasonâ€™s leadership and financial acumen will be a great asset to our company and add increasing depth and diverse skills to our corporate finance team. Jasonâ€™s familiarity with our operations as an investor, combined with his capital markets expertise, should make for a smooth transition. We also look forward to Johnson Lauâ€™s continuing contributions as his background in accounting and financial reporting will continue to serve AutoChina well throughout our expected growth in the coming months and years,â€ AutoChinaâ€™s chairman and CEO, Yong Hui Li, stated in the press release.
Wang has an MBA from the UCLA Anderson School of Management and bachelor degrees from both the Wharton School and the School of Engineering and Applied Science at the University of Pennsylvania. He previously worked at QUALCOMM as leading developer and innovator of advanced wireless technologies, as well as director of research and analytics at Private Equity Management Group.
The new CFO has also held investment banking positions and served as director of corporate development and planning. With a variety of positions and industries under his belt, Wang said he has followed AutoChinaâ€™s operations and anticipates working with the rest of the company to benefit shareholders.
â€œI am honored to join AutoChina. I have been impressed by Mr. Li, the financial team, and the companyâ€™s operations since becoming an investor in 2008. I look forward to the opportunity of leading AutoChinaâ€™s financial team and helping to grow the company, as well as communicating with investors and increasing long-term shareholder value,â€ Wang stated.