Nov 17, 2022 07:46 PM

TECH

Former TuSimple Chairman Retakes the Wheel After Leadership Reshuffle

By Du Zhihang and Ding Yi

pictureTuSimple is back in the spotlight after announcing a boardroom clean-out last week. Photo: VCG

pictureTuSimple is back in the spotlight after announcing a boardroom clean-out last week. Photo: VCG

Ousted TuSimple Holdings Inc. Chairman Chen Mo has taken control of the company after his fellow co-founder gave him a chunk of voting shares, the latest in a series of twists this year among the leadership of the Chinese driverless truck startup.

The Nasdaq-listed firm revealed the change of shareholding in a filing to the U.S. Securities and Exchange Commission on Wednesday. The news puts TuSimple into the spotlight again a week after it announced a boardroom clean-out.

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