Lotus Tech Appoints Joe Quan Zhang as New Chairman of the Board
Lotus Tech Announces Change to Board Composition
BenzingaImage: Benzinga
Lotus Technology Inc. has appointed Joe Quan Zhang as the new chairman of its board, effective June 3, 2026, succeeding Daniel Donghui Li. This leadership change aligns with the company's Focus 2030 strategy aimed at enhancing its global competitiveness and sustainable business model.
- 01Joe Quan Zhang has been appointed as the new chairman of Lotus Tech's board, effective June 3, 2026.
- 02Zhang succeeds Daniel Donghui Li, who stepped down on May 31, 2026, after serving since the company's inception.
- 03Li played a crucial role in expanding Lotus Tech's product range and market presence.
- 04Zhang brings extensive experience from Geely Holding, where he has held various leadership roles since 2014.
- 05Lotus Tech is implementing its Focus 2030 strategy to strengthen its position as a global performance brand.
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Lotus Technology Inc. has announced the appointment of Joe Quan Zhang as the new chairman of its board of directors, effective June 3, 2026. Zhang succeeds Daniel Donghui Li, who resigned from the board and its committees on May 31, 2026, due to personal reasons. Li played a significant role in guiding the company since its inception and was instrumental in expanding its product offerings and market reach. Zhang, who is currently the Vice President and Chief Financial Officer of Zhejiang Geely Holding Group, brings over a decade of experience in corporate finance and strategic management. He expressed enthusiasm for leading Lotus Tech during this pivotal phase as the company embarks on its Focus 2030 strategy, which aims to enhance competitiveness and transition to a sustainable business model. CEO Qingfeng Feng praised Li's contributions and welcomed Zhang's expertise, highlighting the potential for growth and value creation under Zhang's leadership.
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