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Leadership Change at NIO: CFO Resigns, Senior VP Takes Charge

NIO Inc. (NYSE:NIO) shares are trading lower after the company disclosed that Steven Wei Feng has resigned as the Chief Financial Officer for personal and family reasons, effective July 5, 2024. The board of directors also approved the concurrent promotion of Stanley Yu Qu, the company’s Senior Vice President of Finance, to the position of Chief Financial Officer. Before joining NIO in October 2016, ...