Richard Xie Appointed to ESG Board as Joseph Rossetti Resigns
ESG Announces Board Changes
ESG Inc. appointed Richard Xie to its Board of Directors effective May 21, 2026, following the resignation of Joseph F. Rossetti. Rossetti's resignation was not due to any disagreement with the company regarding operations, policies, or practices.
New Board Member: Richard Xie
Richard Xie, aged 55, serves as CEO of Kapital Max Inc. He previously held roles as investment project manager and executive officer at KM International. Xie holds a Doctorate in Accounting from Jinan University and is a Certified Chinese Tax Accountant and CFA charterholder. He has extensive experience in finance, fund management, corporate finance, and investment management in both China and the United States.
Committee Assignments
Richard Xie has been appointed as Chair of the Audit Committee, Chair of the Compensation Committee, and a member of the Nominating and Corporate Governance Committee. Joseph Rossetti resigned from all board committees.
These changes were disclosed in ESG Inc.'s 8-K filing with the SEC dated May 27, 2026, reflecting updates to the company's governance structure.
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