Acorn International Announces Appointment of New Executive Chairman
SHANGHAI, August 27, 2014 /PRNewswire/ — Acorn International, Inc. (NYSE: ATV) (“Acorn” or the “Company”), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that the Board of Directors of the Company (the “Board”) resolved to remove Mr. Robert W. Roche as an executive chairman on August 26, 2014. Mr. Roche will remain with Acorn as a member of the Board. The Board appointed Mr. Don Dongjie Yang, the chief executive officer of the Company, as the new executive chairman on the same date, effective immediately.
About Acorn International, Inc.
Acorn is a media and branding company in China, operating TV direct sales businesses, other direct sales platforms and a nationwide distribution network. Acorn’s other direct sales platforms include outbound telemarketing centers, e-commerce websites, and catalogs. Acorn has built a proven track record of developing, promoting and selling proprietary-branded products, including its electronic learning products, as well as products from established third parties in a variety of categories. For more information, please visit http://ir.chinadrtv.com.