Wetin Jia (Jia Yueting), Chinese billionaire and founder of LeEco, resigns as Director of Leshi Internet Information and Technology, the main parent company. This was announced by the publication Reuters, citing a formal application to the Shenzhen stock exchange.
His post will take csun Liang (Liang Jun) so far, former Vice President of the company. He joined the LeEco in 2012, and was formerly one of the top managers of Lenovo. Jia Latin, though, and will cease to be a Director, will continue its activities in the role of Chairman of the Board of Leshi Internet Information and Technology.
Such shifts were the result of a major restructuring designed to solve the recent problems of the company with the cash flow.