Haier Promotes Jemal
Haier America announced Tuesday that it has elevated its president and CEO, Michael Jemal, to the stitle of chairman of the board. The reason for the move is to "better focus on profitable growth and existing market opportunities," the company said in a statement.
The company also named Shariff Kan president of Haier's newly created White Goods Group.
"As the breadth of Haier products continues to expand, I see tremendous growth opportunities for our company and my new position will allow me to focus my energy on long-term growth and strategy,” Michael Jemal said as part of the announcement. “Shariff has been with me at Haier America from day one when we started out with only three products. He has a great understanding of the retail landscape and knows our capabilities as well as anyone. I am confident he will lead Haier America to new heights.”