Pinnacle Food Group Names Dr. Yunhao Chen CFO, Shares Drop 3.2%
MAMO•Pinnacle Food Group shares dropped 3.2% in pre-market trading after announcing on June 1 the removal of CFO Wencai Pan and appointment of Dr. Yunhao Chen. Dr. Chen, a former CFO at Massimo Group and Dogness International, will step down from Pinnacle’s board to lead financial operations.
1. CFO Transition and Share Impact
Pinnacle removed CFO Wencai Pan and appointed Dr. Yunhao Chen effective June 1, triggering a 3.2% decline in pre-market trading. The move marks a leadership overhaul in the finance department.
2. Dr. Chen's Public Company Track Record
Dr. Chen served as CFO at Massimo Group from May 2023 to January 2026, overseeing its 2024 IPO, and at Dogness International from May 2017 to July 2023. Her roles included U.S. GAAP compliance, SEC reporting and capital markets management.
3. Board Role to Executive Transition
Having served as an independent director since April 2025, Dr. Chen will resign from the board to assume executive finance responsibilities. This shift leverages her board-level insight for operational leadership.
4. CEO Commentary and Future Outlook
CEO Jiulong You highlighted Dr. Chen’s expertise in public company finance and internal controls as key to supporting Pinnacle’s Nasdaq growth. Management anticipates her leadership will strengthen financial strategy and capital market engagement.
