BEIJING, April 28, 2011 /PRNewswire-Asia-FirstCall/ -- Charm Communications Inc. (NASDAQ: CHRM) ("Charm" or the "Company"), a leading advertising agency in China, today announced the appointment of Mr. Gang Chen as both a member of the board of directors and an audit committee member, and the resignation of Mr. Patrick Stahle from the Company's audit committee.
Mr. Chen has been deputy dean of the School of Journalism and Communication of Peking University since March 2006. Mr. Chen also serves in a number of high-level positions with multiple organizations in the advertising industry, including deputy director of the Academic Committee of the China Advertising Association, deputy director of the Media Committee of the China Association of National Advertisers and vice president of the China Advertising Education and Research Committee. Mr. Chen has also provided consulting expertise to many major enterprises in media and other sectors, including China Central Television, Sina Corporation, the People's Insurance Company of China and China Merchants Bank. Mr. Chen received a bachelor's degree in philosophy in 1990 and a Ph.D. in philosophy in 1998 from Peking University.
"We are thrilled to have Gang Chen join our board. His deep academic background in the advertising and communications industry will be of great value to the Company," said Charm's founder, chairman and chief executive officer, Mr. He Dang.
Charm Communications Inc. (NASDAQ: CHRM) is a leading advertising agency in China. Charm operates its business under three brands: Charm Advertising, Charm Interactive, and Shangxing Media. Under the Charm Advertising and Charm Interactive brands, Charm offers integrated advertising agency services from planning and managing advertising campaigns to creating and placing advertisements. Under the Shangxing Media brand, Charm has established a portfolio of television advertising media resources through its exclusive arrangements with premium national television channels, which include not only advertising time but also opportunities for placing branded content. Charm's clients include well-recognized brand names in China across many industries, as well as emerging domestic leading brands. In January 2010, Charm formed a joint venture with international 4A advertising group Aegis Media, its strategic investor, to operate its brand "Vizeum" in China. In October 2010, Charm also formed a joint venture with Wasu Digital Group to operate all advertising-related businesses across Wasu's IPTV, 3G mobile TV and broadband TV network platforms. For more information please go to http://ir.charmgroup.cn.
SOURCE Charm Communications Inc.