Edition:
India

Sun Art Retail Group Ltd (6808.HK)

6808.HK on Hong Kong Stock

10.70HKD
20 Feb 2020
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Summary

Name Age Since Current Position

Yong Zhang

47 2018 Non-Executive Chairman of the Board

Ming-Tuan Huang

63 2019 Chief Executive Officer, Executive Director

Jean Chausse

55 2016 Chief Financial Officer

Yeong-Fang Chiang

62 Chief Executive Officer - Group Subsidiaries

Sheng-Yu Hsu

63 Chief Financial Officer of Group Subsidiaries

Vincent Mignot

47 2017 Chief Operation Officer - Auchan banner

Wing Han Cho

2019 Company Secretary

Michel Bonte

2019 Non-Executive Director

Francoise Bouvier

47 2019 Non-Executive Director

Jun Chen

45 2018 Non-Executive Director

Xavier Delom de Mezerac

63 2001 Non-Executive Director

Benoit Leclercq

47 2012 Non-Executive Director

Yifen Chang

55 2011 Independent Non-Executive Director

Yih Dieter

56 2019 Non-Executive Independent Director

Yi He

65 2011 Independent Non-Executive Director

Desmond Murray

64 2011 Independent Non-Executive Director

Xiaobei Gu

2018 IR Contact Officer

Biographies

Name Description

Yong Zhang

Mr. Zhang Yong serves as Non-Executive Chairman of the Board of the Company. Mr. Zhang has been appointed as the chief executive officer of Alibaba Group, a company incorporated in the Cayman Islands with its American depositary shares listed on the New York Stock Exchange (stock code: BABA), since May 2015, and he currently also serves on the board of directors of Alibaba Group. Prior to his current position, Mr. Zhang has held several other senior positions within Alibaba Group, including the chief financial officer of Taobao marketplace after joining in August 2007. He was appointed as the chief operating officer of Taobao marketplace and general manager of Tmall.com (then the Taobao Mall) in April 2008, and then as the president of Tmall.com in June 2011 before his appointment as the chief operating officer of Alibaba Group in September 2013. Before joining Alibaba Group, Mr. Zhang served as a senior manager at PricewaterhouseCoopers’ audit and business advisory division in Shanghai from 2002 to 2005, and later the chief financial officer of Shanda Interactive Entertainment Limited (an online game developer and operator then listed on NASDAQ) from August 2005 to August 2007. Mr. Zhang has served as a director of Weibo Corporation (a company listed on NASDAQ, stock code: WB) since May 2014. He was also a non-executive director of Haier Electronics Group Co., Ltd. (a company listed on The Stock Exchange of Hong Kong Limited (the “Stock Exchange”), stock code: 1169) from 25 March 2014 to 21 June 2017; a non-executive director of Alibaba Health Information Technology Limited (formerly known as CITIC 21CN COMPANY LIMITED, a company listed on the Stock Exchange, stock code: 241) from 30 April 2014 to 7 September 2015; and a non-executive director of Intime Retail (Group) Company Limited (a company then listed on the Stock Exchange and delisted on 19 May 2017) from 7 July 2014 to 19 May 2017. Mr. Zhang received a bachelor’s degree in finance from Shanghai University of Finance and Economics.

Ming-Tuan Huang

Mr. Huang Ming-Tuan serves as Chief Executive Officer, Executive Director of the Company. He is the chief executive officer of the Company since 17 May 2019 and was already the chairman of the Group’s subsidiaries operating under the “RT-Mart” banner in China. Mr. Huang received a Master of Business Administration from the College of Management, National Taiwan University in 1984. He is responsible for the overall strategic planning and management of the Group. Mr. Huang was a Director of the Company during the period from 28 April 2011 to 30 January 2018. He joined the Group in 2001 and has been the chief executive officer of RT-Mart Limited Shanghai where he is responsible for devising and implementing its overall strategies and the supervision of its business operations. Mr. Huang has been involved in the business and operational strategies of its business operations, and he has also been involved in the business and operational strategies of the Company. Mr. Huang is also a director of certain subsidiaries of the Group. Prior to joining the Group in 2001, Mr. Huang was the general manager of Ruentex Industries Limited from 1991 to 1997, where he was responsible for devising and implementing its overall strategies and the supervision of its business operations. From 1997 to 2000, Mr. Huang was the general manager of RT-Mart Int’l.

Jean Chausse

Mr. Jean Chausse is Chief Financial Officer of the Company since 14 November 2016. Mr. Chausse received a degree from HEC Business School, and has extensive experience in the banking and financial management field. He started his career in France first at Credit Commercial de France (now HSBC) mainly in commercial banking, and then worked at Credit Mutuel Arkea firstly as Head of Trading, Chief Executive Officer of the Asset Management Branch, and then Chief Financial Officer. He joined Auchan Holding S.A. in 2008, as Head of Treasury and Funding. He was subsequently promoted to Deputy Chief Financial Officer of Auchan Holding S.A. overseeing accounting consolidation, risk management and insurance, treasury and investors relations.

Yeong-Fang Chiang

Mr. Chiang Yeong-Fang is the Chief Executive Officer of the Group of subsidiaries operating under the “RT-Mart” banner in China, where his responsibilities include the management of hypermarket complexes as well as the formulation of strategies for our business operations under the “RT-Mart” banner. Prior to joining the Group in 2001, Mr. Chiang has been with Ruentex, previous controlling shareholders of the Group. From 2000 to 2001, Mr. Chiang was the vice-general manager of Ruentex Industries, where he was responsible for general operational matters of the group of companies under Ruentex Industries, including procurement, operational efficiency management of the group’s factories, human resource and administration. From 1979 to 2000, Mr. Chiang was a career army officer with the army of the Republic of China. Mr. Chiang is also a director of Shanghai RT-Mart, one of the subsidiaries of the Group.

Sheng-Yu Hsu

Mr. Hsu Sheng-Yu serves as Chief Financial Officer of Group Subsidiaries operating under the “RT-Mart” banner in China of Sun Art Retail Group Limited. He is responsible for the financial, controlling and legal matters of our operations under our “RT-Mart” banner. Prior to joining the Group in 1999, Mr. Hsu has been with Ruentex, previous controlling shareholders of the Group. From 1983 to 1999, Mr. Hsu held various positions in Ruentex’s operations in Taiwan, including the position of finance manager, vice general manager, general manager and chairman in Ruentex Industries, Xingye Construction Co., Ltd., Ruentex Construction and Engineer Co., Ltd. and Runhong Engineering Co., Ltd. respectively.

Vincent Mignot

Mr. Vincent MIGNOT is Chief Operation Officer - Auchan banner of the Company. He is responsible for the strategic direction and overall performance of Auchan banner. Joining the Group as a section manager in France in 1997, Mr. Mignot has worked as Division Manager, Store Manager and the Operation Director in different stores in Auchan France. From 2010 to 2015, he worked as General Manager of Auchan France and was also the board member of Immochan France. Mr. Mignot started his working in Auchan China since 2016 as the Director of Customer and Innovation. At the same time, Mr. Mignot is a board member of Auchan Vietnam and Oney China since 2016. Mr. Mignot received a degree of Management and Marketing in IFAG Business School.

Wing Han Cho

Ms. Cho Wing Han is Company Secretary of the Company. She is a senior manager of Corporate Services of Tricor Services Limited and has over 20 years of experience in the corporate secretarial field. Ms. Cho has been providing professional corporate services to Hong Kong listed companies as well as multinational, private and offshore companies. Ms. Cho was a former company secretary of various Hong Kong listed companies. Ms. Cho is a Chartered Secretary and a Fellow of both The Hong Kong Institute of Chartered Secretaries and The Institute of Chartered Secretaries and Administrators in the United Kingdom.

Michel Bonte

Francoise Bouvier

Ms. Francoise BLONDE ep Bouvier is Non-Executive Director of the Company. She has been appointed as the finance, performance and assets chief officer of Auchan Retail International S.A. (together with its subsidiaries, “Auchan Group”) since November 2015 and she currently also serves as a director of various companies within the Auchan Group including Auchan France, Auchan Spain, Auchan Italy, Auchan Poland, Auchan Portugal, Auchan Roumania, Auchan Russia and Auchan Senegal. Prior to her current positions, Ms Bouvier has held several other senior positions within the Auchan Group, including the chief financial officer of Auchan Portugal from July 2013 to November 2015 and accounting, consolidation and financial systems manager from June 2008 to June 2013. Before joining the Auchan Group, Ms. Bouvier served as an auditor of at KPMG’s audit division in Paris of France from September 1995 to June 1999, and later a consolidation manager of Group Leroy Merlin from June 1999 to February 2004. Ms. Bouvier has served as an accounting, consolidation and financial system manager of Group Adeo from February 2004 to May 2008. Ms. Bouvier has obtained a bachelor’s degree in corporate finance from EDHEC Business School in France in 1995.

Jun Chen

Mr. Chen Jun serves as Non-Executive Director of the Company. Mr. Chen currently serves as a vice president of Alibaba Group, and is also a managing director of Alibaba strategic investment division and the investment head and Chief Investment Officer of Alibaba new retail fund. He has more than 20 years of experience in strategy management, strategic market development, and business and financial advisory services. He has been in charge of strategic investments by Alibaba Group in various types of companies, including high-growth private companies and public companies listed in the PRC and overseas. The portfolio companies he manages are in a wide spectrum of industries such as retail, logistics, travel, healthcare, sports, and software and solutions. Prior to joining Alibaba Group in 2011, Mr. Chen worked for SAP, a Fortune 500 high-tech software company from 1999 to 2011, taking roles including strategic adviser in the office of CEO and industry director. From 1995 to 1998, he worked as an auditor for Arthur Andersen Consulting Co. Ltd. Mr. Chen was a non-executive director of Alibaba Health Information Technology Limited (formerly known as CITIC 21CN COMPANY LIMITED, a company listed on the Stock Exchange, stock code: 241) from 30 April 2014 to 7 September 2015, and he is currently also a director of Best Inc. (a company listed on the New York Stock Exchange, stock code BSTI), and a director of Singapore Post Limited (a company listed on the Singapore Stock Exchange, stock code: S08.SI). Mr. Chen received an EMBA degree from INSEAD.

Xavier Delom de Mezerac

Mr. Xavier Alain Delom de Mezerac is Non-Executive Director of Sun Art Retail Group Limited. Mr. Delom de Mezerac received a degree from ESSEC Business School (Diplome de L’ESSEC, Ecole Superieure des Sciences economiques et Commerciales) in 1978. Mr. Delom de Mezerac has been a director of the Company since 8 February 2001. From 1985 to 1993, Mr. Delom de Mezerac was with the Corning group (Corning), a global specialty glass and ceramics producer, in its United States, Mexico and France operations, where he worked in various financial and management positions including as financial manager for Corning’s Europe operations. From 1994 to 1997, Mr. Delom de Mezerac was with Euro Disney S.A.S. as its chief financial officer. From 1997 to 1999, Mr. Delom de Mezerac was with Alcatel Alsthom S.A. as its deputy chief financial officer. From 1999 to 2015, Mr. Delom de Mezerac was with Auchan Holding S.A. as its chief financial officer and a member of the executive committee. Since May 2014, he has been the chairman of Oney Bank S.A., which is the consumer finance subsidiary of Auchan Holding S.A. Since December 2015, he has been the general secretary and a member of the “Directoire” of Auchan Holding S.A. He is also a director of A-RT, which is one of the controlling shareholders of the Company, and a director of certain of the subsidiaries of the Group, including RT-Mart Holdings and CCIL.

Benoit Leclercq

Mr. Benoit Marie Joseph Leclercq is Non-Executive Director of Sun Art Retail Group Limited. is a Non-executive Director of the Company since 12 September 2012. Mr. Leclercq has been a managing director of Crehol China Consultancy Co., Ltd. since 2011. Crehol China Consultancy Co., Ltd. is an investment company of Mulliez Family in the People’s Republic of China. The Mulliez Family comprises Mr. Gerard Mulliez, who is the founder of Auchan Holding S.A. and other members of the family in France, who hold interests in various companies such as Auchan Holding S.A. Through various companies under Auchan Holding S.A., the Mulliez Family conducts or pursues various business interests in food retail activities, real estate development, and banking. Mr. Leclercq is the president of Jungle & MTL Holdings, a company incorporated in the U.S.A. since 1993. Mr. Leclercq is also a co-owner of (i) MTL, a weaving decoration production factory in the U.S.A., (ii) Breteuil, a company which is a fabric furnishing agent in the U.S.A., (iii) IPM US, a design company and converter in decoration in the U.S.A., and (iv) Bayart Tissage, a design company and converter in decoration in France. Moreover, Mr. Leclercq is a chief executive officer in charge of coaching at Donghia, a company engaged in high end upholstery in the U.S.A. since 2005. Mr. Leclercq has been appointed as directors of A-RT Retail Holdings Limited (“A-RT”) and RT-Mart International Ltd. (“RT-Mart Int’l”) since September 2012 and June 2014 respectively. He has also been appointed as a director of Auchan Holding S.A. and Auchan Retail International S.A. since 5 March 2015, the ultimate controlling shareholders. With effect from 2 December 2015 and 7 March 2016, Mr. Leclercq resigned as directors of Auchan Holding S.A. and Auchan Retail International S.A. respectively. Mr. Leclercq has been appointed as directors of FESH on 8 August 2013, Feiniu HK on 3 February 2015 and Fields HK on 2 April 2015 respectively, subsidiaries of the Company.

Yifen Chang

Ms. Yifen Chang is Independent Non-Executive Director of Sun Art Retail Group Limited. Ms. Chang serves as the chief executive officer of Jack Wolfskin Trading (Shanghai) Co, Ltd, a leading international outdoor brand, since August 2017 after being the non-executive director for 2 years. As a veteran from retail and consumer industry, she was chief executive officer for Natural Beauty Bio-Technology Limited (Stock Code: 157), the chief financial officer, the chief executive officer and the chief executive director of Pou Sheng International (Holdings) Limited (Stock Code: 3813) from October 2007 to December 2015. In addition, Ms. Chang has many years of management consultancy and investment banking experiences from working with KPMG in Washington DC and Los Angeles in the United States as well as Jardine Fleming, Merrill Lynch and Credit Suisse in Shanghai and Hong Kong from 1992 to 2006. Ms. Chang received a Bachelor degree in Arts in English Literature from Fu-Jen Catholic University in Taiwan in 1986 and a Master of Business Administration degree from the George Washington University in Washington D.C. in the United States in 1988.

Yih Dieter

Mr. Dieter Yih serves as Non-Executive Independent Director of the Company. He received his Bachelor of Laws degree from King’s College London and he is a Fellow of King’s College London. Mr. Yih is admitted to practice law in Hong Kong, England & Wales, Singapore and Australia. He is a partner of the Hong Kong law firm Kwok Yih & Chan , where his practice focuses on corporate finance, capital markets, securities and regulatory compliance. Mr. Yih was the president of the Law Society of Hong Kong between 2012 and 2013, and holds various public offices and community appointments in Hong Kong. He is currently a Justice of the Peace appointed by the Hong Kong Government, a member of the Listing Committee of the Hong Kong Stock Exchange, chairman of the Financial Dispute Resolution Centre, deputy chairman of council of the Education University of Hong Kong, convener of the HKICPA Investigation Panel A, a member of the HKICPA Regulatory Oversight Board, a member of the Standing Committee on Judicial Salaries and Conditions of Service, a member of the Standing Committee on Legal Education and Training, and a member of the Banking Review Tribunal. He is also a member of the Guangdong Province of the Chinese People’s Political Consultative Conference. Mr. Yih will enter into an appointment letter with a term of appointment for a term of three years with effect from the date of this announcement and will be subject to retirement by rotation and re-election and other related provisions as stipulated in the articles of association of the Company and the Listing Rules. The director’s fee of Mr. Yih will be determined by the Board based on the recommendation of the remuneration committee of the Company with reference to the Company’s remuneration policy applicable to his position in the Group. Save

Yi He

Mr. He Yi is Independent Non-Executive Director of Sun Art Retail Group Limited since 27 June 2011. Mr. He studied management and strategy from HEC International Business School (ecole des Hautes etudes Commerciales) from 1989 to 1991. Mr. He is also currently a director of Essilor International (Compagnie Generale d’Optique), listed on the Euronext Paris stock exchange. From 1978 to 1989, he was a representative of the People’s Republic of China Embassy in France, Paris where he was successively in charge of consular affairs, cultural affairs, protocol, relations with media and cooperation in administrative matters between the PRC and France. From 1991 to 1996, he joined the Danone Group’s Shanghai subsidiary as a general manager. Mr. He joined the Essilor Group as the chief executive officer of Shanghai Essilor Optical Co., Ltd. in 1996 and has been the chairman of Essilor (China) Holding Company, a director of Essilor International since 2010 and the chairman of Essilor Hong Kong Limited since 2018.

Desmond Murray

Mr. Desmond Murray is Independent Non-Executive Director of Sun Art Retail Group Limited. Mr. Murray graduated with a Bachelor of Commerce from the University College Dublin in 1976 and is a qualified accountant and a member of the Hong Kong Institute of Certified Public Accountants. He was an audit partner in PricewaterhouseCoopers Hong Kong from 1987 to 2000. Since withdrawing from practice with PricewaterhouseCoopers, Mr. Murray has taken on a number of non-executive directorships. These include a major retailer in Ireland and Clear Media Limited (“CML”, Stock Code: 100), a company listed on the Main Board of the Stock Exchange. With effect from 1 July 2016, Mr. Murray has relinquished his position as chairman of the remuneration committee of CML. With effect from 9 August 2016, Mr. Murray has resigned as an independent non-executive director, as chairman of the audit committee, and as a member of each of the audit committee, the remuneration committee and the nomination committee of CML. Mr. Murray was a non-executive director of iShares plc, iShares II plc, iShares III plc, iShares IV plc and iShares V plc, companies all listed on the Main Board of the London Stock Exchange until 31 March 2013. He was also a non-executive director of Black Rock Fixed Income Dublin Funds plc, Black Rock Institutional Pooled Funds plc and Institutional Cash Series plc, companies all listed on the Dublin Stock Exchange until 31 March 2013. Mr. Murray also acts as a business consultant to a number of smaller businesses. While working with PricewaterhouseCoopers, Mr. Murray advised boards and audit committees of companies listed in Hong Kong, both as an audit partner and as an adviser in relation to both internal audit and corporate governance. He was Honorary Consul for Ireland in Hong Kong from 1996 to 1999.

Xiaobei Gu