BRIEF: Kanzhun CFO resigns to take up new position as chief strategy officer

BZ.US
2076.HK

Online recruitment app operator Kanzhun Ltd. (BZ.US; 2076.HK) said on Thursday that Zhang Yu has resigned as the company’s CFO, and will take on a new position as its chief strategy officer. It concurrently announced that Wang Wenbei has been appointed as the company’s deputy CFO, in addition to her role as head of investor relations.

Kanzhun also said that Mu Yang, its vice president of human resources, has been appointed to the company’s board.

Last month, the operator of the BOSS Zhipin app reported its revenue rose 13.2% year-on-year in the third quarter to 2.16 billion yuan ($306 million). Its net income for the period rose 67% year-on-year to 775 million yuan.

Kanzhun’s New York listed shares fell 3.3% on Thursday after the announcement, but are still up nearly 50% this year. Its Hong Kong-listed shares were down 4.4% in mid-afternoon trading on Friday.

By Doug Young

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