ISPIRE appoints Michael Wang as Co-CEO and CFO

Aug.15.2023
ISPIRE appoints Michael Wang as Co-CEO and CFO
ISPIRE appoints Michael Wang as co-CEO and Daniel Machock as CFO, aiming to optimize its strategic direction and future development.

On August 14th, ISPIRE announced the appointment of Michael Wang as the company's Co-Chief Executive Officer. Mr. Wang previously served as the company's Chief Financial Officer. Simultaneously, Daniel J. Machock has been appointed as the new Chief Financial Officer.

 

Mr. Wang has now been appointed as Co-CEO alongside Ms. Liu Yuanfang. This strengthened leadership structure aims to optimize ISPIRE's strategic direction and drive the company's future development. Due to Mr. Wang's outstanding performance in financial leadership, ISPIRE has decided to promote his position.

 

Mr. Wang stated, "I have been actively involved in the development of ISPIRE and look forward to collaborating with the team at Tuánfāng to further advance the company's growth and expansion. We share a common vision in global development and pioneering innovations.

 

ISPIRE is pleased to announce the appointment of Mr. Machock as the new Chief Financial Officer. With 25 years of extensive financial strategic experience, particularly in his previous roles at Appetize Technologies, Inc., Chrome River Technologies, Inc., and other leading companies, Mr. Machock's appointment will strengthen ISPIRE's financial foundation.

 

After assuming the position, Mr. Machock commented, "I am honored to serve as CFO at ISPIRE. I eagerly look forward to bringing my financial expertise to ISPIRE. I highly value the company's unwavering spirit of innovation in the atomized product sector and am excited about contributing to its continued success.

 

ISPIRE expects its leadership's strategic adjustments to further enhance the company's commitment to promoting growth, operational excellence, technological advancement, and increasing shareholder value.

 

 

 

This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Elf Bar Parent iMiracle to Pull Flavored Vapes From California, Ending Altria Unit NJOY Lawsuit
Elf Bar Parent iMiracle to Pull Flavored Vapes From California, Ending Altria Unit NJOY Lawsuit
China’s e-cigarette maker iMiracle, parent company of the Elf Bar brand, has agreed to halt sales of all flavored vaping products in California as part of a settlement with Altria Group’s e-cigarette unit, NJOY LLC, marking the end of a nearly two-year legal dispute.
Oct.13
Thai Police Seize 48,000 Illegal E-Cigarettes Worth About $630,000
Thai Police Seize 48,000 Illegal E-Cigarettes Worth About $630,000
Acting on directives from senior government and police officials, Thai authorities seized 48,301 e-cigarettes and related products in central Thailand, valued at about 20 million baht (approximately US$630,000), as part of a crackdown on illegal vaping.
Oct.15 by 2FIRSTS.ai
Morocco Lawmakers Propose Excise Taxes on Vapes, Hookah, and Nicotine Alternatives
Morocco Lawmakers Propose Excise Taxes on Vapes, Hookah, and Nicotine Alternatives
Members of the Socialist Union of Popular Forces (USFP) have submitted amendments to Article 7 of the Finance Bill, introducing new excise taxes on e-cigarette liquids, hookah accessories, and non-tobacco nicotine products. The proposal also revises VAT exemptions and insurance tax rates to enhance fiscal fairness and revenue clarity.
Nov.11 by 2FIRSTS.ai
SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year
SKE’s Parent Company Yinghe Technology Reports 80% Drop in Q3 Net Profit, Revenue Up 22.85% Year-on-Year
Yinghe Technology (SZ: 300457), parent company of SKE, saw Q3 net profit plunge 80.3% to 31.06 million yuan, while revenue rose 22.85% to 2.52 billion yuan. The decline was mainly driven by higher costs and expenses.
Oct.28 by 2FIRSTS.ai
Russian Duma Committee Moves to Embed Local Vape Prohibitions
Russian Duma Committee Moves to Embed Local Vape Prohibitions
Fedot Tumusov, First Deputy Chair of the Duma Health Committee, called vapes the “most dangerous and least controlled” nicotine product and said restricting them should be a priority. While refining a government bill, the committee proposes granting regions the power to ban vape sales. Committee Chair Sergey Leonov said the illicit e-cig market exceeds 60%, with new licensing aimed at cleaning up the sector.
Oct.30 by 2FIRSTS.ai
2Firsts Investigation | China–U.S. E-cigarette Shipping Costs Surge: Sea Freight Up Over 200%, Air Cargo Inspection Rate Exceeds 50%
2Firsts Investigation | China–U.S. E-cigarette Shipping Costs Surge: Sea Freight Up Over 200%, Air Cargo Inspection Rate Exceeds 50%
Since late July, China–U.S. e-cigarette shipping costs have surged — sea freight up over 200%, air cargo inspection rates exceeding 50%. 2Firsts investigates the key drivers behind the spike and how the industry is responding.
Oct.15