You are here

YuuZoo CFO quits, sixth person to leave the post since the firm's 2014 listing

YuuZoo Corporation on Tuesday posted earnings before interest and taxes of S$8.4 million for its second quarter ended June 30, against a loss of S$1.4 million in the same period a year ago.

YUUZOO Corporation's chief financial officer (CFO) and head of East Asian operations, Raul Ikonen, has resigned from his post with immediate effect, just four months after he was appointed to the post.

The firm cited "personal reasons (moving back to Finland)" for Mr Ikonen's departure and said the resignation has been accepted.

Mr Ikonen is the sixth CFO to leave the social media and e-commerce firm since its listing in September 2014.

YuuZoo stock closed unchanged on Wednesday at 7.4 Singapore cents.