China Digital TV Reinstates Zhenwen Liang As CFO, Effective May 30 - Quick Facts

(RTTNews) - China Digital TV Holding Co., Ltd. (STV), a provider of cloud-based application platforms and conditional access systems for digital cable television, announced Thursday the reinstatement of Zhenwen Liang as Chief Financial Officer, effective May 30.

Liang replaces Qian Yue, who has resigned from her position as acting CFO, effective May 30, and will continue to serve the Company in a management role focused on the development of new businesses including virtual reality.

Jianhua Zhu, China Digital TV's Chief Executive Officer, said, "We are also pleased to welcome Zhenwen back as our CFO. Zhenwen brings in-depth knowledge of the company and robust managerial experience. He was and will continue to be an invaluable member of our management team."