Cango Appoints Simon Tang as CFO and Director, Two Executives Resign
Cango Inc. appointed Simon Ming Yeung Tang as chief financial officer and director effective April 22, 2026, promoting him from chief investment officer. Yongyi Zhang resigned as CFO and Chang-Wei Chiu stepped down as director for personal reasons.
1. Leadership Changes at Cango
On April 22, 2026, Cango elevated Simon Ming Yeung Tang from chief investment officer to chief financial officer and board director. His appointment is expected to leverage his investment and strategic execution experience as the company advances its growth initiatives.
2. Executive Departures
Effective the same date, Yongyi Zhang resigned as CFO and Chang-Wei Chiu stepped down from the board for personal reasons. The company expressed gratitude for their contributions and support during their tenures.
Related News
INTU
Intuit Beats Q3 Estimates, Cuts 17% Workforce and Raises Guidance
INTU•
TQQQ
ProShares 3x Nasdaq-100 ETF Gathers $31.3B, Hits 38.6% YTD Gain
TQQQ•
AMD
Chip Rally Boosts AMD as Nvidia Forecasts $91B Sales and $80B Buybacks
AMD•
GOOGL
Google and Blackstone Form $5B AI Cloud JV for 500MW Capacity by 2027
GOOGL•
NVDA
Nvidia Projects $20 Billion in CPU Sales Within $200 Billion Market
NVDA•
Sources
F