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.

2Firsts Flash|PMI Reports 2025 Results as Smoke-Free Products Account for 41.5% of Net Revenues
2Firsts Flash|PMI Reports 2025 Results as Smoke-Free Products Account for 41.5% of Net Revenues
Philip Morris International reported full-year 2025 results on February 6, with smoke-free products accounting for 41.5% of adjusted net revenues, up from 38.7% a year earlier. Total net revenues rose 7.3% to $40.65 billion, while shipment volumes increased 1.4%, widening the gap between revenue and volume growth. Cigarette shipments declined as smoke-free volumes rose 12.8%, driven by heated tobacco, oral nicotine and e-vapor products. Results were released alongside a 9:00 a.m. EST webcast.
Feb.06
2Firsts’ Nine Global Turning Points: How 2025 Reshaped the Nicotine Industry
2Firsts’ Nine Global Turning Points: How 2025 Reshaped the Nicotine Industry
In 2025, the global nicotine industry reached a critical turning point. Regulatory realignment, category shifts, capital repositioning and technological intervention unfolded in parallel, loosening old structures while new ones took shape. 2Firsts reviews nine pivotal events that reshaped the industry’s trajectory.
Jan.14
Singapore HSA bust links two vape warehouses; Malaysian man jailed 41 weeks
Singapore HSA bust links two vape warehouses; Malaysian man jailed 41 weeks
HSA officers in Singapore staked out a Bishan warehouse after a tip-off and found a Malaysian man in a site containing thousands of vaporisers and components. Checks on his phone led to a second warehouse in Ubi with large quantities of devices and parts.
Jan.07 by 2FIRSTS.ai
Comedian Shuib fined  US$2,460 after pleading guilty to promoting an e-cigarette on a podcast
Comedian Shuib fined US$2,460 after pleading guilty to promoting an e-cigarette on a podcast
Bernama reported that comedian Shahmira Muhamad, better known as Shuib Sepahtu, was fined RM10,000 (about US$2,460.93) after pleading guilty to promoting an electronic cigarette product on a YouTube podcast in 2024. The magistrate ordered one month’s jail in default of payment, and he paid the fine. He was charged over a promotion at 4.26pm on Oct 22, 2024, under Section 9(1) of the Control of Smoking Products for Public Health Act 2024 (Act 852).
Jan.08 by 2FIRSTS.ai
Walgreens Brings Vapes Back to Some U.S. Stores; Juul Says It’s in or Near 6,000 Locations
Walgreens Brings Vapes Back to Some U.S. Stores; Juul Says It’s in or Near 6,000 Locations
Walgreens has begun selling vape products again in some U.S. stores, marking a notable reversal after the chain pulled vapes from shelves in 2019 amid concerns over youth use and health risks. Juul says it is expanding across thousands of Walgreens locations, and NJOY also lists Walgreens stores as retailers.
Jan.26 by 2FIRSTS.ai
Spain’s new e-cigarette e-liquid tax, in force since April 1, raises €26 million through November
Spain’s new e-cigarette e-liquid tax, in force since April 1, raises €26 million through November
Spain’s Tax Agency monthly collection report shows the new tax on e-cigarette e-liquids, in force since April 1, raised €26 million through November, including €4 million in November. The levy began three months later than the usual fiscal timetable to allow the sector to adapt, making 2025 the first year in which vaping products are taxed under a specific category.
Dec.30 by 2FIRSTS.ai