China Information Technology Announces Resignation of CFO

China Information Technology, Inc. has announced that Daniel K. Lee, its Chief Financial Officer, has tendered his resignation as the company's CFO for personal reasons. Lee was CFO of the company since December 12, 2011.


Lee will remain with the company for a transition period until April 15, 2014. The Board of Directors of the company will initiate a search for his successor immediately.


Prior to joining China Information Technology, Lee was was senior investment advisor at Pine Capital, LLC. Lee graduated from The Wharton School of Business with a B.S. in Economics majoring in Finance and Multinational Management and Zicklin School of Business with an M.S. in Accountancy.


He is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA) charterholder.

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