BEIJING, Dec. 3, 2019 /PRNewswire/ -- Tarena
International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company")
announced today that it had terminated a number of employees,
including a vice president of the Company, effective on December 2,
2019. The Company took the action to follow the
recommendation by the independent audit committee of the board of
directors of the Company (the "Board"), after the audit committee
conducted the independent investigation which had been previously
announced.
In addition, the Board has formed a search committee (the
"Search Committee") to search, evaluate and recommend to the Board
qualified candidates for senior executive positions. The Search
Committee is led by Mr. Jianguang Li
and includes all the independent directors of the Company.
About Tarena International, Inc.
Tarena International, Inc. (NASDAQ: TEDU) is a leading provider
of professional education services in China. Through its innovative education
platform combining live distance instruction, classroom-based
tutoring and online learning modules, Tarena offers professional
education courses in IT and non-IT subjects. Tarena also offers
K-12 education programs. Its professional education courses provide
students with practical skills to prepare them for jobs in
industries with significant growth potential and strong hiring
demand.
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SOURCE Tarena International, Inc.