TORONTO, Feb. 8, 2024
/PRNewswire/ -- Visionary Holdings Inc. (NASDAQ: GV) ("Visionary"
or the "Company"), a private education provider with technology of
artificial intelligence and life science on the cutting edge, today
announced that Fan Zhou notified
Visionary Holdings Inc. (the
"Company") of her resignation as its Chief Executive Officer and
chairperson, effective on February 6,
2024. The Company's board of directors (the "Board") elected
Mr. William Chai as the Company's
Chairman of the Board of Directors to succeed Ms. Fan Zhou.
Additionally, the Board elected Mr. Rusheng
(Ransom) Wu as the Company's Chief Executive Officer. Ms.
Zhou will remain as a director of the Company.
Mr. Chai joined the Board as an independent director on
November 22, 2022 and will continue
to serve as a member and chairman of the Audit Committee, and as a
member to both the Nominating and Corporate Governance Committee
and Compensation Committee.
Rusheng (Ransom) Wu, age 50. Mr.
Wu possesses 25 years of education management across high school,
college and online learning. Since June
2016, he has held leadership roles at Toronto eSchool, including Director and Vice
President. His work has centered on spearheading the strategic
direction and overall management of Toronto eSchool and driving innovation and
ensuring that educational programs align with both industry
standards and the needs of learners. Furthermore, he has played a
crucial role in developing recruitment strategies that not only
attract top talent but also encourage a diverse student
demographic. Mr. Wu has also been dedicated to strengthening
partnerships with educational institutions and collaborators,
streamlining the recruitment process.
About Visionary Holdings
Inc.
Visionary Holdings Inc.,
headquartered in Toronto, Canada,
is a private education provider located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education
resources to students around the globe. The Company aims to provide
access to secondary, college, undergraduate and graduate and
vocational education to students in Canada through technological innovation so
that more people can learn, grow and succeed to their full
potential. As a fully integrated provider of educational programs
and services in Canada, the
Company has been serving and will continue to serve both Canadian
and international students. For more information, visit the
Company's website at https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Education Technology Holdings Group
Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Holdings Inc.