Lin Wenbo, general manager of Yang Ming, resigned ahead of time due to his "dissatisfaction" with the result of a sale and leaseback case ten years ago.

 

Yang Ming announced that general manager Lin Wenbo retired on February 16 due to his personal career planning, laying an end to his 36 year career in shipping and launching a new journey in his life. On the afternoon of February 14th, Yang Ming held a retirement party for Lin Wenbo.

 

Prior to that, Yang Ming removed three senior executives, adjusted the positions of chief financial officer Li Shizhou and Chief Strategic Officer Bai Kunrong, and general manager Lin Wenbo applied for retirement. This decision shocked Taiwan's shipping industry, and many people in the industry expressed their solidarity, believing that Yang Ming should not make the punishment on the basis of results.

 

However, although Xie Zhijian, chairman of Yang Ming Marine, actively retained Lin Wenbo and planned to arrange for Lin Wenbo to take over the subsidiary, Lin Wenbo still insisted on early retirement and did not accept consolation.

 

After Lin Wenbo's resignation, the position of general manager of Yang Ming Marine will be temporarily assumed by chairman Xie Zhijian.

 

Source:Sarah Yu,XINDE MARINE NEWS

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