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Secoo Holding appoints new independent director

Chinese luxury online retailer Secoo Holding Ltd said Dec. 20 that it appointed Jian Wang as the company's independent director, effective Dec. 20.

The company made the appointment on the recommendations of its board's nominating and corporate governance committees.

Wang will also serve as a member of the board's audit committee, nominating and corporate governance committee and as chairman of the compensation committee. Wang currently serves as the chairman and CEO of Five Star Holdings Group Co. Ltd.

Further, the company announced the appointment of independent director Xiaoquan Zhang as the chairman of the nominating and corporate governance committee.