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LI & Fung Ltd (0494.HK)

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Summary

Name Age Since Current Position

Kwok-Lun Fung

70 2012 Group Executive Chairman of the Board

Kwok King Fung

73 2013 Honorary Chairman

Phi Chua

56 2019 Executive Director, Group President and President of LF Logistics

Fung Theodore

45 2014 Group Chief Executive Officer, Executive Director

Sung Lai Lam

52 2012 Chief Financial Officer

Sean Coxall

54 President of Supply Chain Solutions

Mok Oi Wai Mak

57 2017 President of LF Asia Direct

Deepika Rana

57 2019 President - Supply Chain Solutions

Weizhong Zhu

66 2018 Chief Operating Officer

Young Guy

55 2016 Chief Human Resource Officer

Chi Wai Yeung

64 2015 Group Chief Compliance and Risk Management Officer

Lin Toh Ai

46 Executive Director of Business Development

Pui Wah Cheng

51 Executive Director Supply Chain Solutions

Gilles Fries

58 Executive Director of Supply Chain Solutions

Sean Looram

48 Executive Director of Supply Chain Solutions

Darren Palfrey

42 2019 Chief Digital Officer

Mei Chow Wan

55 Company Secretary

Marc Compagnon

60 2019 Non-Executive Director

Tin Cheung Chih

48 2017 Non-Executive Independent Director

May Yee Leung Ko

66 2013 Non-Executive Independent Director

John Rice

62 2018 Non-Executive Independent Director

Yue Nien Tang

69 2009 Non-Executive Independent Director

Chi-Yun Wong

68 1999 Non-Executive Independent Director

Biographies

Name Description

Kwok-Lun Fung

Dr. William Fung Kwok-Lun OBE, is Group Executive Chairman of the Board of Li & Fung Ltd. He is a Group Chairman since May 2012. Executive Deputy Chairman from 2011 to May 2012 and before that, Group Managing Director from 1986 to 2011. Joined the Group in 1972 and became a Director of the Group’s export trading business in 1976. Graduated from Princeton University with a Bachelor of Science degree in Engineering. Holds an MBA degree from the Harvard Graduate School of Business. Degrees of Doctor of Business Administration, honoris causa, were conferred by The Hong Kong University of Science & Technology, by The Hong Kong Polytechnic University and by Hong Kong Baptist University. An independent non-executive director of VTech Holdings Limited, Shui On Land Limited, Sun Hung Kai Properties Limited and The Hongkong and Shanghai Hotels, Limited. Chairman and non-executive director of Global Brands Group Holding Limited and a nonexecutive director of Convenience Retail Asia Limited, both within the Fung Group. A director of King Lun Holdings Limited and its wholly owned subsidiary, Fung Holdings (1937) Limited, substantial shareholders of the Company. Former non-executive director of Trinity Limited (December 2006–April 2018). Past chairman of the Hong Kong General Chamber of Commerce (1994–1996), The Hong Kong Exporters’ Association (1989–1991) and the Hong Kong Committee for Pacific Economic Cooperation (1993–2002). Hong Kong Special Administrative Region delegate to the Chinese People’s Political Consultative Conference (1998–2003). Awarded the Silver Bauhinia Star by the Hong Kong Special Administrative Region Government in 2008.

Kwok King Fung

Dr. Victor Fung Kwok King, CBE, is Honorary Chairman of the Company. He is Group Chairman of the Fung Group, a Hong Kong-based multinational which comprises major operating groups engaging in trading, logistics, distribution and retailing. They include publicly-listed Convenience Retail Asia Limited, Global Brands Group Holding Limited and the Company, and other privately held entities. Honorary Chairman of the Company after stepping down as Group Chairman since May 2012. Joined the Group in 1973 as Manager and became Managing Director of the Group’s export trading business in 1977. Became Group Managing Director in 1981 and Group Chairman in 1989. A Director of King Lun Holdings Limited and Fung Holdings (1937) Limited, which are substantial shareholders of the Company. Holds Bachelor’s and Master’s degrees in Electrical Engineering from the Massachusetts Institute of Technology, a Doctorate in Business Economics from Harvard University. An independent non-executive director of Chow Tai Fook Jewellery Group Limited (Hong Kong) and Koç Holding A.S. (Turkey). Chairman of the Advisory Board of the Asia Global Institute at The University of Hong Kong, a multi-disciplinary think-tank to assume and carry forward the mission and operations of Fung Global Institute, of which he was a Founding Chairman (July 2010–June 2015). Adviser of the Infrastructure Financing Facilitation Office of The Hong Kong Monetary Authority. Appointed as member of the Chief Executive’s Council of Advisers on Innovation and Strategic Development on 21 March 2018. Chairman of the 2022 Foundation, a non-profit entity focused on research into Hong Kong’s long-term competitiveness. Chairman of the Hong Kong Trade Development Council (1991–2000), the Hong Kong representative on the APEC Business Advisory Council (1996–2003), chairman of the Hong Kong Airport Authority (1999–2008), chairman of The Council of The University of Hong Kong (2001–2009).

Phi Chua

Mr. Joseph Chua Phi is Executive Director, Group President and President of LF Logistics of the Company. He has been Executive Director since January 2018 and Group President since January 2019. President of LF Logistics managing the Group’s logistics business as well as its data analytics and business development functions. Joined the Group in 1999 and executive director of Integrated Distribution Services Group Limited from 2004 to April 2011. Graduated magna cum laude from the University of The Philippines (UP) with a Bachelor of Science degree in Industrial Engineering and attained an MBA degree with top honors from the same university. 2011 recipient of UP College of Business Administration Distinguished Alumnus Award and 2013 recipient of UP Industrial Engineering Alumni Award and UP Alumni Engineers Global Achievement Award for Logistics. Chairman of GS1 Hong Kong, and a director of GS1 Management Board. A former director of Macy’s China Limited (August 2015 – January 2019). Adjunct professor in the School of Business and Management at The Hong Kong University of Science and Technology (2013– 2018).

Fung Theodore

Mr. Spencer Theodore Fung is Chief Executive Officer, Executive Director of Li & Fung Limited. Previously Group Chief Operating Officer (2012–July 2014), in charge of the global infrastructure of the Company. Before this, President of LF Europe, managing the Group’s European distribution business. Joined the Group in 2001. An independent non-executive director of Swire Properties Limited. A member of Young Presidents’ Organization – Hong Kong Chapter, Limited. A member of the General Committee of The Hong Kong Exporters’ Association and the Board of Trustees at Northeastern University. Holds a Bachelor of Arts degree from Harvard College and Master of Science in Accounting and MBA degrees from Northeastern University. A US Certified Public Accountant from April 1999 to June 2000. The son of Victor Fung Kwok King, Honorary Chairman, and nephew of William Fung Kwok Lun, Group Chairman.

Sung Lai Lam

Mr. Edward Lam Sung Lai is Chief Financial Officer of Li & Fung Ltd. He is a member of the Executive Committee, overseeing the Group’s corporate development and global finance functions, including ecosystem alliances, corporate finance, treasury, investor relations, financial planning and analysis, risk management and financial reporting. Joined the Group in 2012. Over 20 years of experience in banking, finance and accounting. Prior to joining Li & Fung, held various senior positions at Citi and Morgan Stanley, and practiced public accounting at Coopers & Lybrand. A graduate of the Advanced Management Program at Harvard Business School. Holds an MBA degree from The University of Chicago, high honors, and a Bachelor of Business Administration degree from The University of Texas at Austin, highest honors. A US Certified Public Accountant, and a former member of Takeovers and Mergers Panel of Securities and Futures Commission of Hong Kong.

Sean Coxall

Mr. Sean Christopher Coxall is President of Supply Chain Solutions of the Company. He leads the Branded Fashion and Sportswear Group that provides global brands and specialty fashion retailers with innovative supply chain solutions. More than 35 years of experience working in retail, buying and worldwide sourcing. Previously, executive director of Authentic Brands Group and oversaw the European Apparel Group from 2010 to 2016. Began his career with Marks & Spencer’s management scheme in London in 1981 and then worked across store management and senior selector roles spanning product categories from men’s casualwear, leisurewear and knitwear, and underwear and nightwear to men’s tailoring. Prior to joining the Group in 2001, design director at Warnaco where he was responsible for product development for their key brands, including Calvin Klein Jeans, Calvin Klein Underwear and Chaps Ralph Lauren.

Mok Oi Wai Mak

Ms. Emily Mak Mok Oi Wai is President of LF Asia Direct of the Company. She is responsible for building the Asian business to meet the growing needs of Asia’s consumers as well as providing value to US and EU customers. Joined the Group in 2000 with the acquisition of Colby International Limited where she was the Chief Operating Officer and directly responsible for the operational and merchandising matters for Colby’s apparel business worldwide. Emily’s prior roles included Chief Administrative Officer of the Group responsible for human resources, global hub operations, corporate services including global procurement and global workspace management of the Group, and President of LF USA Sourcing, spearheading the sourcing and operations in Asia. Graduated from The University of Hong Kong with a Bachelor of Social Sciences degree.

Deepika Rana

Ms. Deepika Rana is President - Supply Chain Solutions of the Company. She is responsible for driving synergies across the supply chain and introducing value-added strategies to the customers and vendors. Joined the Group in 2003 and was promoted to Executive Director – Indian Subcontinent & Sub Sahara Africa since 2014. More than 28 years’ experience in strategic sourcing and operations. Began her career in J.C. Penney Purchasing Corporation and moved on to head the May Department Stores International Inc. India liaison office before joining the Group. Holds a Master of Arts degree in Business Economics from the University of Delhi in India.

Weizhong Zhu

Mr. Zhu Weizhong (Wilson) is Chief Operating Officer of the Company since October 2018 to drive operational excellence in the Company’s global production platform. In 2016, cofounded Cooper Aerobics Wellness Center in China, the first fitness and wellness center of its kind in China. Prior to that, served as chairman and CEO of inQbrands and also held other senior roles including chief sourcing and production officer at Gymboree, executive vice president for private brand and global sourcing at Michaels Stores Inc, vice president of private brand development and global sourcing at Office Depot, and vice president for global sourcing at Hudson’s Bay Company. Advisor to China’s State Administration of Foreign Exchange in 2009 and adviser to the Trade Development Bureau of China’s Ministry of Commerce in 2013. Also served on the Board of Daymon Worldwide from 2013 to 2016. Holds a Master of Arts degree in Language and International Trade from Eastern Michigan University in 1987.

Young Guy

Mr. Roger Guy Young is Chief Human Resource Officer of the Company. He joined the Group in 2016 as the Chief Human Resources Officer. Formerly, held various global and regional leadership positions in finance, human resources, operations, sales & marketing, and mergers & acquisitions during his 24 years with PPG Industries, Inc., a company in the manufacturing and distribution of coatings and specialty products. In 2013, joined National Grid, a multinational company in the transmission and distribution of natural gas and electricity, as senior vice president, human resources and chief diversity officer. Holds a Bachelor of Arts degree in Business Administration from The University of Western Ontario in Canada, and an MBA degree from Katholieke Universiteit Leuven in Belgium.

Chi Wai Yeung

Mr. Jason Yeung Chi Wai is Group Chief Compliance and Risk Management Officer of the Company since July 2015. Also, the Group Chief Compliance and Risk Management Officer of Fung Holdings (1937) Limited, a substantial shareholder of the Company and its publicly-listed companies in Hong Kong. Extensive experience in handling legal, compliance and regulatory matters, and worked previously in both the public and private sectors practising corporate, commercial and securities law. Prior to joining the Fung Group, deputy chief executive (Personal Banking) of Bank of China (Hong Kong) Limited (BOCHK) with responsibility for the overall performance of the personal banking businesses of BOCHK. Graduated from The University of Hong Kong with a Bachelor’s degree in Social Sciences. Also graduated from The College of Law, United Kingdom and holds a Bachelor’s degree in Law and an MBA degree from The University of Western Ontario, Canada.

Lin Toh Ai

Ms. Ai Lin Toh is Executive Director of Business Development of the Company. She leads strategic business development and focused on driving growth and synergies across the Group. With over 25 years’ experience in change management, strategic sourcing, supply chain management and merchandising. Previously held senior roles in international companies including Smart Shirt Hong Kong, R-Pac International, Esquel Apparel and Tommy Hilfiger. Holds a Diploma in Business Administration from Singapore Polytechnic where she majored in marketing.

Pui Wah Cheng

Ms. Fanny Cheng Pui Wah is Executive Director Supply Chain Solutions of the Company. She Oversees a portfolio of businesses in the US, Canada, Europe and Latin America. Joined the Group in 2000 following its acquisition of Colby International Limited where she previously held several positions including fashion coordinator, general merchandise manager and merchandising director. Involved in all aspects of Colby’s global sourcing operations and served customers in North America for 12 years. During the course of her career, she has managed businesses across varying sectors including department stores, specialty stores, brands, hypermarket, and off-price.

Gilles Fries

Mr. Gilles Rene Fries is Executive Director of Supply Chain Solutions of the Company. He oversees all business-related activities for shoes and accessories. Joined the Group following the acquisition of CGroup in 2007. Since then, he has held senior positions in LF Beauty, LF USA Sourcing and GBG Sourcing. More than 35 years of experience working in retail, buying and worldwide sourcing. Prior to joining the Group, managing director of Andre, the buying office in Hong Kong for the French retail group, Vivarte. Holds a bachelor’s degree in Business Management from Ecole Supérieure des Sciences Commerciales d’Angers (ESSCA) in France.

Sean Looram

Mr. Sean Michael Looram is Executive Director of Supply Chain Solutions of the Company. He Leads the Global Home Solutions Operating Group which manages both the hardline and soft home business for the Group’s customers in Asia, North America, Europe, Latin America, Australia and Africa. Joined the Group in 2010 and has held other senior positions including Head of Operations and Ethics Director for the hardline business. In 1999, co-owned GTO Ltd, a full-service consumer goods contract manufacturing business for major U.S. retailers and brands seeking a retail presence in Asia. Holds a Bachelor of Arts degree major in Psychology from the University of San Francisco.

Darren Palfrey

Mr. Darren Peter Palfrey is Chief Digital Officer of the Company since January 2019 to accelerate the Company’s digital strategy. He is focused on realizing Li & Fung’s vision of creating the supply chain of the future and building the LF digital platform. Prior to joining the Group, co-founded and was the COO of Gravity Supply Chain, at which his team developed and brought to market, a state-of-theart digital supply chain management platform. Previously held a number of leadership roles at Uniserve Group and TCC Global.

Mei Chow Wan

Ms. Terry Wan Mei Chow is Company Secretary of Li & Fung Ltd. She is responsible for the company secretarial services of the Group. Graduated from the Hong Kong Polytechnic (now known as The Hong Kong Polytechnic University) and started her career as company secretary at Ernst & Young in 1985. A fellow member of both The Institute of Chartered Secretaries and Administrators in England and The Hong Kong Institute of Chartered Secretaries (HKICS). Member of the Membership Committee of HKICS (2013–2018) and its vice-chairman in 2018. Member of the Company Secretaries Panel of HKICS (2012–2015). Recipient of the 1st Asian Company Secretary Recognition Award by Corporate Governance Asia in 2013.

Marc Compagnon

Mr. Marc Robert Compagnon re-designated as Non-Executive Director of the Company. He has been Non-executive Director and Senior Advisor of Fung Group since January 2019. Formerly Group President and Executive Director of the Company. Joined the Group in 2000 at the time of the acquisition of Colby International Limited where he was Chief Merchandising Officer for 17 years and was responsible for establishing Colby’s global sourcing network and sales and marketing strategies. Holds a Bachelor of Arts degree from the University of Vermont. Member of the Board of Advisors of the School of Business Administration at The University of Vermont and a founding member of Cotton’s Revolutions. Non-executive chairman of TheAbacaGroup, Inc. (Cebu), a hotel and restaurant management group.

Tin Cheung Chih

Mr. Chih Tin Cheung is Non-Executive Independent Director of the Company since July 2017. Co-founder and co-chairman of JAMM Active Limited. Managing partner of C2 Capital Limited. Director of Wheels Up Partners Holdings LLC and Talent First Limited. Previously, the non-executive chairman of RSI Apparel (China) Limited, a director of RSI Apparel Limited, the non-executive chairman of Yucheng Technologies Limited, the managing partner of Staples Asia Investments Limited, a director of The Taiwan Fund, Inc., the co-founder and chief executive officer of HelloAsia Corporation, the chief executive officer of Crimson Solutions and an analyst at Goldman Sachs in New York and Hong Kong. Holds a Juris Doctor degree from Harvard Law School, a Master’s degree in Business Administration from Harvard Business School, Master of Arts degree and Bachelor of Arts degree from Harvard University.

May Yee Leung Ko

Mrs. Margaret Leung Ko May Yee is Non-Executive Independent Director of Li & Fung Limited since 2013. Former vice-chairman and chief executive of Hang Seng Bank Limited, chairman of Hang Seng Bank (China) Limited, a director of various subsidiaries of Hang Seng Bank Limited, a director of The Hongkong and Shanghai Banking Corporation Limited and the group general manager of HSBC Holdings plc. An independent non-executive director of First Pacific Company Limited, Sun Hung Kai Properties Limited and Hong Kong Exchanges and Clearing Limited. Formerly, an independent non-executive director of China Construction Bank Corporation (2013–2016), QBE Insurance Group Limited (2013–2017) and deputy chairman, managing director and executive director of Chong Hing Bank Limited (February 2014–May 2018). Holds a Bachelor’s degree in Economics, Accounting and Business Administration from The University of Hong Kong.

John Rice

Mr. John G. Rice is Non-Executive Independent Director of the Company since January 2018. Non-executive Chairman of the Gas Power, a business unit at General Electric Company (“GE”). Former vice chairman of GE. Director of Baker Hughes, a GE company which is listed on The New York Stock Exchange. Holds a Bachelor of Arts degree in economics from Hamilton College in Clinton, New York, and remains on their Board of trustees today. Trustee of Emory University in Atlanta, Georgia, and serves on several other boards including the Centers for Disease Control and Prevention Foundation in Atlanta.

Yue Nien Tang

Mr. Martin Tang Yue Nien is Non-Executive Independent Director of Li & Fung Limited., since 2009. Former chairman, Asia of Spencer Stuart & Associates, a global executive search consulting firm. An independent non-executive director of the publicly-listed CEI Limited. Formerly, an independent non-executive director of China NT Pharma Group Company Limited (2010–2017). Holds a Bachelor of Science degree in Electrical Engineering from Cornell University, a Master of Science degree in Management from the Massachusetts Institute of Technology and a Doctor of Letters degree (honoris causa) from The Hong Kong University of Science and Technology.

Chi-Yun Wong

Dr. Allan Wong Chi-Yun, is Non-Executive Independent Director of Li & Fung Ltd., since 1999. Chairman and group chief executive officer of VTech Holdings Limited. Co-founded VTech Group in 1976. Holds a Bachelor of Science degree in Electrical Engineering from The University of Hong Kong, a Master of Science degree in Electrical and Computer Engineering from the University of Wisconsin and an Honorary Doctorate of Technology from The Hong Kong Polytechnic University. Deputy chairman and independent non-executive director of The Bank of East Asia, Limited. An independent non-executive director of China-Hongkong Photo Products Holdings Limited and MTR Corporation Limited. Awarded the Silver Bauhinia Star and the Gold Bauhinia Star by the Hong Kong Special Administrative Region Government in 2003 and 2008 respectively.