Morgan Stanley Comments on NIO (NIO) CFO Resignation

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Go back to Morgan Stanley Comments on NIO (NIO) CFO Resignation

NIO Inc. Announces Management Change

July 5, 2024 5:30 AM EDT

SHANGHAI, July 05, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (NIO or the Company), a pioneer and a leading company in the premium smart electric vehicle market, today announced that Mr. Steven Wei Feng has tendered his resignation as the Chief Financial Officer of NIO for personal and family reasons, effective July 5, 2024. The Company greatly appreciates Mr. Fengs contributions to NIO since 2019 and wishes him the best in his future endeavors.

The board of directors of the Company (the Board) has approved to concurrently promote the... More