Caravelle International Group Hires New CEO

Dow Jones

01-14

By Dean Seal

Caravelle International Group said Chief Executive Hanxi Chang has resigned and been replaced by the longtime director of High Trend Technology.

The Singapore-based shipping company said Tuesday that Shixuan He has been appointed chief executive and given a seat on the board.

In a securities filing, Caravelle said Hanxi Chang's resignation as CEO and Xin He's separate resignation as independent director weren't the result of any disagreement with the company.

Shixuan He, the incoming CEO, had served as chief of High Trend Technology since April 2014.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

January 14, 2025 09:44 ET (14:44 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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