On the move

Liu demits Offshore post, to stay on as GM of CNOOC

Liu Jian has stepped down as the chairman of China Offshore Oil Engineering Co Ltd. Lv Bo, the deputy general manager of parent CNOOC, will take over as COOEC chairman. COOEC is controlled by the State-owned China National Offshore Oil Corporation, the largest offshore oil and gas producer in China. Liu will retain his post as the general manager of CNOOC, to better focus on the parent company making profits despite the downtrend in global oil prices.

Gap names Teri List-Stoll as CFO; Simmons is adviser

The Gap Inc, the US clothing and accessories retailer with a global presence, has named Teri List-Stoll as its chief financial officer and executive vice-president, effective from January. Former CFO Sabrina Simmons will stay on as an interim adviser through Gap’s 2016 fiscal year. List-Stoll takes over when Gap is suffering from declining revenue and fierce competition against online rivals, and she will work on the company’s global finance function, loss prevention and corporate administration divisions.

Xie’s exit from Shanghai Jahwa sparks charges

Citing personal reasons, Xie Wenjian has resigned as the board chairman, CEO and general manager of Shanghai Jahwa United Co Ltd, a longstanding Chinese cosmetics and household chemicals company. Filling in for Xie is Zhang Dongfang, the former CEO of Vinda International Holdings Ltd, a hygiene products and services provider. The management changes aroused attention when Ge Wenyao, Xie’s predecessor at Shanghai Jahwa, publicly