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.

Kazakhstan’s Astana Baikonur District Fines Illegal Smokeless Tobacco Sales Over USD 5,800
Kazakhstan’s Astana Baikonur District Fines Illegal Smokeless Tobacco Sales Over USD 5,800
Authorities in Astana’s Baikonur District have intensified enforcement against illegal smokeless tobacco and related products in 2025. Police conducted 59 inspection raids, identifying 63 cases of illegal sales of smokeless tobacco (nasvay). Total fines imposed reached KZT 3,096,450(approximately USD 5,880). Officials said inspections and preventive outreach will continue.
Dec.29 by 2FIRSTS.ai
Washington Policy Media Flags Surge: China’s Monthly Vape Exports Jump from 2.2M Kg to 14.8M Kg; Crackdown Effectiveness Questioned
Washington Policy Media Flags Surge: China’s Monthly Vape Exports Jump from 2.2M Kg to 14.8M Kg; Crackdown Effectiveness Questioned
The Washington Examiner on December 9, 2025, reported: China's vape export volume to the U.S. rebounded sharply from 2.2 million kilograms to 14.8 million kilograms despite the crackdown. This volatility, confirming the annual multi-billion dollar trade gap, is the "Bullwhip Effect" in action. It transfers massive inventory to the U.S. market, putting the working capital of Chinese manufacturers and the supply chain at severe risk of lock-up and failure. Regulatory escalation is now imminent.
News
Dec.11
Great Wall Cigar explores global industrial cooperation via embassy visits in Beijing
Great Wall Cigar explores global industrial cooperation via embassy visits in Beijing
A delegation from the Great Wall Cigar Factory of China Tobacco Sichuan Industrial Co., Ltd. recently visited the embassies of Cuba, Morocco, and Indonesia in Beijing to explore opportunities for industrial cooperation and trade expansion.
Dec.08
PMI’s Japan unit to raise IQOS ILUMA stick prices; TEREA and SENTIA to increase from April
PMI’s Japan unit to raise IQOS ILUMA stick prices; TEREA and SENTIA to increase from April
Japan will adjust tobacco taxes from April 1, 2026, prompting Philip Morris International (PMI) to lift prices for its IQOS ILUMA tobacco sticks TEREA and SENTIA. Both products are set to rise by 40 yen per pack (about $0.3).
Jan.21 by 2FIRSTS.ai
2Firsts Observation | Element Vape Launches “Made in USA” Section as Product Pages Show “Assembled in USA” and “Made in USA” Labels
2Firsts Observation | Element Vape Launches “Made in USA” Section as Product Pages Show “Assembled in USA” and “Made in USA” Labels
Element Vape, a U.S. online vaping retailer, uses origin labels such as “Made in USA” and “Assembled in USA” across disposable vape product pages and a dedicated collection page, grouping items under “Made in USA Disposable Vapes,” but the platform does not disclose on its public pages the applicable standards or evidentiary basis for these different claims.
Jan.20 by 2FIRSTS.ai
Vietnam Passes Amended Investment Law Banning E-Cigarette and Heated Tobacco Businesses
Vietnam Passes Amended Investment Law Banning E-Cigarette and Heated Tobacco Businesses
On December 11, 2025, Vietnam’s National Assembly passed the amended Investment Law, officially banning investment and business activities related to e-cigarettes and heated tobacco products. The new law also adds several high-risk and socially sensitive sectors to the list of prohibited business activities, including narcotics, wildlife trade, human organs and embryos, sex work, human cloning, fireworks, debt collection, and trade of national treasures.
Dec.11 by 2FIRSTS.ai