Huami Corp. (NYSE: HMI) today announced that Mr. David Cui has tendered his resignation as CFO, effective October 1, 2020, for personal reasons. Mr. Cui will become a consultant to the company for a transitional period of time after his resignation as the Chief Financial Officer becomes effective. Huami has appointed Mr. Leon Cheng Deng as the new CFO, effective October 1, 2020. Mr. Deng comes to Huami from Royal Philips, where he was most recently Global Head of Finance for Philips Domestic Appliances Division. The company’s guidance provided on the recent second quarter call of August 18, remains in effect.
Mr. Deng has 17 years of experience in accounting, financial management, manufacturing, and international business with Royal Philips. He held key financial leadership positions for a number of Philips’ global business groups including Domestic Appliances, Personal Care and Personal Health Solutions; as well as corporate finance, financial risk management and treasury functions. Mr. Deng also played a critical leadership role in the divestiture of Philips’ TV and Audio divisions, the Philips Lighting separation, and a series of acquisitions in the past. Mr. Deng holds a CPA certificate in Australia, and a Chartered Global Management Accountant certification from CIMA. He earned a Bachelor of Finance degree from Shanghai International Studies University, and a Master of International Finance degree from the University of Amsterdam.