EL MONTE, Calif. — GigaCloud Technology, an end-to-end B2B solutions provider for large parcel merchandise, has announced the resignation of Chief Financial Officer David Lau, effective Aug, 19. The company says that Lau has decided to step down to pursue other business interests.
Erica Wei, the current vice president of finance, will assume the role of interim CFO.
Lau, who will continue as an advisor until Sept. 19, played a crucial role in guiding GigaCloud through significant milestones, including its initial public offering (IPO) in August 2022, Gigacloud said. The company acquired Noble House and Wondersign during his tenure.
GigaCloud CEO Larry Wu said, “David’s strategic acumen and leadership were instrumental in our growth and success. His efforts in guiding us through our IPO and key acquisitions have strengthened our foundation for future success. We wish him the best in his future endeavors.”
Wei’s appointment as interim CFO coincides with the second anniversary of GigaCloud’s IPO.