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AirMedia CFO to leave

Richard Wu will retire as CFO of AirMedia Group Inc., effective Dec. 31.

AirMedia Chairman and CEO Herman Guo will also serve as interim CFO until the company finds a permanent replacement, according to a Dec. 14 news release.

Wu will remain with the company through Dec. 31, 2021, as a consultant.

AirMedia is a Beijing, China-based operator of out-of-home advertising platforms.