Solai Limited (SLAI) announced that Bo Yu has resigned from his positions as chairman of the board of directors, COO, and as chairman of both the compensation committee and the nominating and corporate governance committee, effective April 29. The company said Yu resigned for personal reasons and his resignation does not involve any disagreement with the company or the board on any matter relating to the company’s operations, policies, or practices. Concurrently, the board has appointed Man San Vincent Law, formerly an executive director on the board, as chairman of the board and chair of both the compensation committee and the nominating and corporate governance committee, effective April 29. Law will continue to serve as chair of the strategy committee.
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