Linktone (LTON) Director and Former COO Michael Guangxin Li is the company's CEO, effective today.
Li currently serves as a director of the company and will retain his board position.
Prior to his appointment to the board of directors in February 2006, Li was Linktone's Chief Operating Officer from March 2003 to January 2006. Prior to his tenure at Linktone, Li was senior vice president of strategy and operations at Newpalm (China) Information Technology Ltd., a wireless value-added service provider in China.
Before that, he served as an associate with Mercer Management Consulting and sales manager and director with IBM in China. Li holds a degree in mechanical engineering from Beijing University and an MBA from the University of Pennsylvania Wharton School of Business.
"The Board is delighted that Michael has agreed to serve as the Company's CEO," said Elaine La Roche, chairperson of the board. "During Michael's tenure as Linktone's Chief Operating Officer, he successfully managed Linktone's sales, marketing and product development. His in-depth understanding of the Company, combined with his more than 15 years of experience in the technology and wireless industry, make him the perfect candidate for CEO."
Linktone also announced that Colin Sung, acting Chief Executive Officer and Chief Financial Officer, would resume his duties as full-time CFO effective upon Li's appointment.