Taipei, October 1 – The Board of Directors of Continental Holdings Corporation (CHC) approved today the appointment of Cindy Chang as its new CEO, succeeding Ken Hung who had resigned, effective October 8th, 2018.

Ken Hung stepped down as CEO of CHC, but will remain as President of Continental Engineering Corporation, a member company of CHC. This is part of CHC’s succession plan, carefully overseen by the Board.

The Board recognized Ken Hung’s remarkable contributions over the past eight years and extended its gratitude to Ken Hung for his dedicated service. Under his able stewardship CHC has greatly enhanced corporate governance and strategic development at its member companies.

Cindy Chang joined CHC in September 2017 as CFO. She brings a wealth of management and financial expertise to her new position. The Board expects Cindy Chang to ensure the Group’s continued growth and to enhance its shareholders’ return.