TORONTO - Visionary Holdings Inc. (NASDAQ: GV), a Canadian private education provider, has undergone a significant leadership change with the resignation of its CEO and chairperson, Fan Zhou, effective February 6, 2024. In her stead, the company's board of directors has appointed William Chai as Chairman and Rusheng (Ransom) Wu as the new CEO.
William Chai, who joined the board as an independent director on November 22, 2022, will continue his roles on various committees within the board. Chai's appointment as Chairman is a strategic step for Visionary Holdings as he brings his expertise from his tenure on the board and his role in the Audit Committee, as well as the Nominating and Corporate Governance Committee and Compensation Committee.
Rusheng Wu brings a wealth of experience in education management to his new role as CEO, with a career spanning 25 years. His work has been instrumental in the strategic direction and management of Toronto eSchool, where he has served as Director and Vice President since June 2016. Wu's focus on innovation and alignment of educational programs with industry standards has been pivotal, as has his role in developing effective recruitment strategies and fostering partnerships with educational institutions.
Despite the leadership transition, Fan Zhou will continue to serve as a director of the company, ensuring her experience and knowledge remain within Visionary's governance structure.
Visionary Holdings Inc. operates with the goal of providing comprehensive educational resources to students globally, with a focus on secondary, college, undergraduate, graduate, and vocational education through technological innovation. The company aims to enable learning and success for a diverse student population in Canada and beyond, with partnerships in China and a commitment to serving both Canadian and international students.
The information in this article is based on a press release.
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