TAL Education Group Announces Management Change

BEIJING, Sept. 25, 2021 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a leading K-12 after-school tutoring services provider in China, today announced that the board of directors of the Company has appointed Dr. Alex Zhuangzhuang Peng, currently the Vice President of Strategy, as the Chief Financial Officer, effective from November 1, 2021.  Dr. Rong Luo has decided to resign from the position of Chief Financial Officer to pursue another opportunity, effective from October 29, 2021. Dr. Luo will begin the hand over process and will also serve as a senior consultant to the company after his resignation.

"On behalf of TAL Education Group, I would like to express my sincere gratitude to Rong for his dedication and valuable contribution to the Company during his 7-year tenure as CFO. Rong's professional expertise, leadership, integrity and fairness will be missed. We wish him the best in his future endeavors," said Mr. Bangxin Zhang, Founder and Chief Executive Officer of TAL. "We are confident that there will be a smooth transition as Alex will serve as the Company's CFO with his valuable expertise and experiences and that the Company will be able to drive its business growth under the continued leadership of Alex."

Dr. Peng has served as TAL's Vice President of Strategy since March 2020. Prior to his role with the Company, Dr. Peng has extensive experience in corporate strategy and management matters. His previous professional experience includes General Manager of Business Strategy in Microsoft's Greater China Region, consultant and then partner at the global management consulting firm McKinsey & Company in Beijing. Dr. Peng holds his bachelor's degree in mathematics from Harvard University and his PhD in mathematics from Princeton University.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Information regarding these risks and uncertainties is included in the Company's reports filed with, or furnished to the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and TAL Education Group undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

About TAL Education Group

TAL Education Group is a leading K-12 after-school tutoring services provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for Chinese students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive tutoring services to students from pre-school to the twelfth grade through three flexible class formats: small classes, personalized premium services, and online courses. Our tutoring services cover the core academic subjects in China's school curriculum as well as competence oriented programs. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".

For further information, please contact:

Echo Yan
Investor Relations
TAL Education Group
Tel: +86 10 5292 6658
Email: ir@tal.com

Related Links :

http://www.100tal.com/

Tags:
Look out for further updates on our Facebook fan page!

Related Articles

  • 【行業冷知識】傳譯形式分好多種?翻譯員誤譯會好大件事!

    要學懂一種新語言非易事,要即時將一種語言在數秒內翻譯成另一種語言則更困難!世界每一種語言都是獨特的,各自有不同的句子結構、詞語和表達方式,而當中的演變過程中更會受到該地方文化、使用習慣等影響,一切增加了翻譯的難度,難怪部分翻譯員的時薪可高達4位數字。

  • 【返工血淚史】日日返工搭同一班巴士但點解會越嚟越塞?原來香港每日開車嘅人只佔全港人口⋯⋯

    塞車,仿如是香港無法解決的問題,但這個問題卻越見嚴重。比較今日和五年前坐同一條巴士路線返工,車程已經可能相差十數分鐘。

  • 【網絡熱話】琴行出$18,000請演奏級鋼琴老師 一星期返60個鐘惹爭議

    藝術有價?最近在Facebook群組「香港樂器導師配對群組」,出現一則具有爭議性的招聘廣告,引起網民激烈討論。有琴行想聘請一名有演奏級資歷的女鋼琴老師,一星期工作六天,合共60小時,而月薪只有18000元……你又認為合理嗎?

  • 【職場遊世界】英國職場4大「辦公室生存術」 飲茶傾偈唔少得

    自從英國開放讓合資格港人申請BNO移民簽證後,不少人都計劃移民赴英,但哪裡有人,哪裡就要上班,要上班自然就會有職場。每個地方的職場文化各有不同,有在英國公司上班10年,周旋在清一色全是英國白人同事的作家「讀者太太」就分享4大英國上班族必須修煉的辦公室生存術,希望大家能夠輕鬆融入英國職場。

  • 【海外職場】香港返足7日 嫁到芬蘭做廚房好爽 港女:終於感受到咩叫生活!

    在香港生活,充滿着打工的壓力,所有時間都放在營營役役地工作上,想好好享受生活?偶爾一兩天假期、staycation已經是天大的恩賜。香港人的「生活」就是如此,可是,大家有想過逃離如此的「生活」而體驗真正的「生活」嗎?

  • 【職場熱話】覆WhatsApp唔加表情等於hea?網民:表達到個意思咪得

    智能手機普及之後,通訊變得更加方便,但這種方便對不少打工仔來說都是一種煩惱,因為現在不論大型公司或中小企都很喜歡透過WhatsApp發布與工作相關的訊息。

  • 【政府工略】新一輪AO、EO招聘開始 271個公務員職位起薪點達$30,235

    政府宣布展開2021至2022年度6個公務員學位職系招聘工作,當中包括最受歡迎的政務主任(AO)、二級行政主任(EO),以及二級助理勞工事務主任、二級助理貿易主任、二級管理參議主任及二級運輸主任,共271個職位,申請日期為即日至2021年10月8日下午5時。

  • 【中秋節】打工仔怨公司無得早放 仲安排5點開大會 網民:老細無屋企人?

    很快就是八月十五中秋節,不少公司都會讓員工提早下班,回家與家人共進晚飯,慶祝人月兩團圓。可惜不是每個老闆都通情達理,讀者Mable(化名)向我們投稿,表示公司不但沒有早放政策,更要臨時開大會……

  • 【中秋節】打工仔熱烈討論公司假日安排︰一齊OT賞月算唔算?

    今年中秋節,你所屬的公司有沒有安排員工早放或其他特別假日安排呢?有打工仔在網上討論區發帖,開心Share公司的「員工福利」,普遍打工仔都可以在中秋節當日提早收工,亦有人指公司向員工派月餅禮券,你的公司又有哪些安排呢?按圖了解打工仔的分享︰

  • 【畢業就業】香港總商會推「完美求職計劃」 招募及培訓大學生

    【香港經濟日報專訊】香港總商會昨天推出「完美求職計劃」,招募所有就讀本地大學的二至四年級學生,希望協助青年為未來事業發展鋪路。