Former TuSimple Chairman Retakes the Wheel After Leadership Reshuffle
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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