Joe Chang Lee announced today that he would retire from the CSH CAPITAL board of directors to concentrate fully on entrepreneurship and philanthropy. Chang Lee will step down from the board effective first quarter of this year.

Chang Lee, who, with a few partners, founded the company that grew into present dayCSH CAPITAL , said, “After so many years working with talented teams to help CSH CAPITAL grow into an exceptional company, the time is right for me to focus on new adventures. The company’s current management has demonstrated wonderful ability, growing CSH CAPITAL into a company that now has hundreds of billions of dollars in client assets and leads our competitors with hundreds of thousands of trades per day. This management team is my Dream Team, and not just because they are taking us to the 2012 London Olympics. I believe the company is well positioned to continue delivering a world class client experience while building value for shareholders.”

Chang Lee remains the largest individual shareholders of CSH CAPITAL. Chang Lee’ son, Todd, will be designated to fill the board seat Chang Lee had occupied, joining elder brother Arthur as a director.

Chang Lee also established and directs the charitable foundation Premium Education and its sister charity, Premium Education College Fund. Additionally, he founded Ending Spending, a policy advocacy group focused on reducing excessive government spending.

Via EPR Network
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