“`html
H World Group (NASDAQ: HTHT) is shaking up its Board of Directors, effective August 15, 2025. The hospitality giant announced the appointment of Justin Martin Leverenz, formerly the Chief Investment Officer at Invesco Developing Markets Fund, as a director. Joining him is Yi Zhang (Bonnie Yi Zhang), the current CFO of SINA Corporation, who will serve as an independent director and take the helm as chairwoman of the Audit Committee.
In other moves, Lei Cao has been tapped for the Compensation Committee, while Tong Tong Zhao will transition from independent director to Board observer. Jian Shang is set to depart from his roles as independent director, Audit Committee chairman, and Compensation Committee member.
H World Group (NASDAQ: HTHT) sta scuotendo il suo Consiglio di Amministrazione, a partire dal 15 agosto 2025. Il gigante dell’ospitalità ha annunciato la nomina di Justin Martin Leverenz, precedentemente Chief Investment Officer presso Invesco Developing Markets Fund, come direttore. A lui si unirà Yi Zhang (Bonnie Yi Zhang), l’attuale CFO di SINA Corporation, che ricoprirà il ruolo di amministratore indipendente e assumerà la guida come presidente del Comitato di Revisione Contabile.
In altre mosse, Lei Cao è stato scelto per il Comitato per le Retribuzioni, mentre Tong Tong Zhao passerà da amministratore indipendente a osservatore del Consiglio. Jian Shang è destinato a dimettersi dalle sue cariche di amministratore indipendente, presidente del Comitato di Revisione Contabile e membro del Comitato per le Retribuzioni.
H World Group (NASDAQ: HTHT) está sacudiendo su Consejo de Administración, con efecto a partir del 15 de agosto de 2025. El gigante de la hostelería anunció el nombramiento de Justin Martin Leverenz, anteriormente Chief Investment Officer de Invesco Developing Markets Fund, como director. Junto a él se une Yi Zhang (Bonnie Yi Zhang), la actual CFO de SINA Corporation, que actuará como directora independiente y tomará las riendas como presidenta del Comité de Auditoría.
En otros movimientos, Lei Cao ha sido seleccionado para el Comité de Compensación, mientras que Tong Tong Zhao pasará de directora independiente a observadora del Consejo. Jian Shang dejará sus cargos como director independiente, presidente del Comité de Auditoría y miembro del Comité de Compensación.
H World Group (NASDAQ: HTHT)는 2025년 8월 15일부터 이사회를 개편합니다. 이 호텔 업계의 거물은 Invesco Developing Markets Fund의 전 최고 투자 책임자였던 Justin Martin Leverenz를 이사로 임명한다고 발표했습니다. 그와 함께 SINA Corporation의 현재 CFO인 Yi Zhang (Bonnie Yi Zhang)이 사외 이사로 합류하여 감사위원회 의장직을 맡게 됩니다.
다른 움직임으로는 Lei Cao가 보상 위원회에 발탁되었고 Tong Tong Zhao는 사외 이사에서 이사회 옵저버로 전환됩니다. Jian Shang은 사외 이사, 감사위원회 의장 및 보상위원회 위원직에서 물러날 예정입니다.
H World Group (NASDAQ: HTHT) remanie son conseil d’administration, à compter du 15 août 2025. Le géant de l’hôtellerie a annoncé la nomination de Justin Martin Leverenz, ancien directeur des investissements d’Invesco Developing Markets Fund, au poste d’administrateur. Il sera rejoint par Yi Zhang (Bonnie Yi Zhang), l’actuelle directrice financière de SINA Corporation, qui occupera le poste d’administratrice indépendante et prendra la direction du comité d’audit.
Par ailleurs, Lei Cao a été nommé au comité des rémunérations, tandis que Tong Tong Zhao passera du statut d’administratrice indépendante à celui d’observatrice du conseil. Jian Shang quittera ses fonctions d’administrateur indépendant, de président du comité d’audit et de membre du comité des rémunérations.
H World Group (NASDAQ: HTHT) krempelt seine Führungsetage um: Ab dem 15. August 2025 wird Justin Martin Leverenz, ehemaliger Chief Investment Officer des Invesco Developing Markets Fund, als Direktor fungieren. Ihm zur Seite steht Yi Zhang (Bonnie Yi Zhang), die derzeitige CFO der SINA Corporation, die als unabhängige Direktorin fungieren und den Vorsitz des Prüfungsausschusses übernehmen wird.
Darüber hinaus wurde Lei Cao in den Vergütungsausschuss berufen, während Tong Tong Zhao vom unabhängigen Direktor zum Beobachter des Vorstands wechselt. Jian Shang wird von seinen Positionen als unabhängiger Direktor, Vorsitzender des Prüfungsausschusses und Mitglied des Vergütungsausschusses zurücktreten.
Positive
- Appointment of experienced financial executive Justin Leverenz with extensive emerging markets expertise
- Addition of Yi Zhang brings strong financial oversight experience as current SINA CFO and former Deloitte audit partner
- New board members bring diverse experience from major public companies and financial institutions
Negative
- Loss of two independent directors could temporarily impact board independence ratio
08/15/2025 – 06:15 AM
SINGAPORE and SHANGHAI, Aug. 15, 2025 — H World Group Limited (NASDAQ: HTHT and HKEX: 1179), a major force in the global hospitality scene, today announced a series of strategic moves within its Board of Directors. Effective August 15, 2025, Justin Martin Leverenz will join the Board as a director. Leverenz brings a wealth of experience, having previously served as Chief Investment Officer and Senior Portfolio Manager at Invesco Developing Markets Fund until July 2025. He boasts a deep understanding of burgeoning economies, honed through years navigating the complexities of emerging markets.
Also joining the board is Yi Zhang (alias Bonnie Yi Zhang), who will assume the dual role of independent director and chairwoman of the Audit Committee. Zhang’s impressive resume includes her current position as Chief Financial Officer of SINA Corporation. Her financial acumen is further bolstered by her prior experience as an audit partner at Deloitte Touche Tohmatsu in Shanghai, where she focused on guiding Chinese companies through U.S. listings and IPOs. She currently serves as an independent director for Yatsen Holding Limited (NYSE: YSG), Swire Pacific Limited (HKEX: 0019), and Hesai Group (Nasdaq: HSAI), showcasing her diverse involvement in major publicly traded companies.
Internally, H World is also reshuffling its committees. Lei Cao, an existing independent director, will now serve on the Compensation Committee, adding her insights to executive pay decisions. Tong Tong Zhao will transition from an independent director role to become a Board observer, maintaining a close watch on company strategy. Finally, Jian Shang will step down from his positions as independent director, chairman of the Audit Committee, and member of the Compensation Committee, marking the end of a significant chapter of service.
Leverenz’s history includes key roles at Goldman Sachs and Barclays de Zoete Wedd in Asia, along with a stint as a Portfolio Manager for Martin Currie Investment Managers in Scotland. He holds degrees from the University of California and is a Chartered Financial Analyst (CFA). Zhang graduated summa cum laude from McDaniel College in Maryland and is a member of the American Institution of Certified Public Accountants, further highlighting the caliber of talent joining the H World board.
Qi Ji, H World’s founder and executive chairman, expressed his enthusiasm for the new additions, stating his belief that Leverenz and Zhang’s expertise will be invaluable in driving the company’s long-term sustainable growth. He also extended his gratitude to Zhao and Shang for their years of valuable contributions to the company.
About H World Group Limited
H World Group Limited, born in China, stands as a significant entity in the global hotel industry. As of March 31, 2025, the company operated a network of 11,685 hotels, offering 1,142,158 rooms across 19 countries. Their portfolio boasts well-known brands like HanTing Hotel, JI Hotel, Orange Hotel, and international names such as Steigenberger Hotels & Resorts and Jaz in the City. Furthermore, H World holds master franchisee rights for Mercure, Ibis, and Ibis Styles in the pan-China region, and co-development rights for Grand Mercure and Novotel.
The group employs a diverse business model encompassing leased and owned properties, alongside manachised and franchised locations. They directly manage leased and owned hotels, while manachised hotels are overseen by H World-appointed managers with fees collected from franchisees. Franchise hotels benefit from H World’s training, reservation systems, and support services, but operate without on-site H World managers. As of March 31, 2025, the company operates 8% of its rooms under the lease and ownership model, and a substantial 92% through manachise and franchise agreements.
For further details, visit H World’s investor relations website.
FAQ
Who are the new board members appointed to H World Group (HTHT) in August 2025?
Justin Martin Leverenz, former CIO of Invesco Developing Markets Fund, and Yi Zhang, current CFO of SINA Corporation, were appointed as new board members.
What positions will Yi Zhang hold at H World Group (HTHT)?
Yi Zhang will serve as an independent director of the Board and the chairwoman of the Audit Committee.
What is Justin Leverenz’s background before joining H World Group’s board?
Leverenz was the Chief Investment Officer and Senior Portfolio Manager of Invesco Developing Markets Fund from 2007 to 2025, previously working at Goldman Sachs and Barclays in Asia.
Which board members are stepping down from H World Group (HTHT)?
Tong Tong Zhao will transition to Board observer, and Jian Shang will step down as independent director, Audit Committee chairman, and Compensation Committee member.
What other corporate boards does Yi Zhang serve on?
Yi Zhang serves as independent director at Yatsen Holding (NYSE: YSG), Swire Pacific Limited (HKEX: 0019), and Hesai Group (NASDAQ: HSAI).
“`
Original article, Author: Jam. If you wish to reprint this article, please indicate the source:https://aicnbc.com/7265.html
