Live Bar, May 25 -yesterday, according to official news, Xu Jicheng, vice chairman of the Chinese Basketball Association, served as the chairman of CBA company, and Yao Ming, chairman of the Chinese Basketball Association, no longer held the post concurrently.
Fu Zhenghao, a senior media person, interpreted the news today.
The content of Fu zhenghaoweibo is as follows:
Yao Ming’s position as chairman of the board of CBA company has always been part-time. Yao Ming even didn’t receive the salary of the chairman of the board, and he always had zero salary.
Recall that when CBA Company was established in September 2016, Li Jinsheng, then the deputy director of the basket management center, served as the chairman and Yao Ming served as the vice chairman. In June, 2017, CBA’s ten-year operation right was granted to CBA company. Then, on July 20, 2017, CBA held a shareholders’ meeting to pass the articles of association and the bylaw amendment, and completed the re-election of the board of directors. At this time, Li Jinsheng, who had been promoted to the director of the basket management center, no longer served as the chairman of the board of directors of the company, and was transferred to the honorary chairman of the board of directors of the company. The revised articles of association stipulates that “China Basketball Association recommends a major leader as the chairman of CBA company”. China Basketball Association nominates Yao Ming as the chairman of CBA company, and the board of directors immediately votes to pass this appointment. Yao Ming started from being the chairman of CBA company with zero salary, but he received salary in Basketball Association. This also shows from one side that the chairman of CBA company is only Yao Ming’s part-time job, and his main business is the chairman of basketball association.