Pop Mart appoints LVMH veteran Andrew Wu as non-executive director

Pop Mart International Group Limited has announced the resignation of He Yu as a non-executive director, effective December 10, 2025, due to other work commitments. Following this, Andrew Wu Yue has been appointed as a non-executive director, also effective December 10, 2025. Wu, aged 69, brings extensive experience from his roles as group president of LVMH Greater China and previous positions at Sony Music Entertainment Group and Parfums Christian Dior. He holds degrees from York University in international relations and humanities, and international business and marketing.

Wu's appointment is for an initial term of three years, with an annual fixed cash compensation of HK$1,200,000 and a share-based compensation of HK$1,800,000 per annum, subject to conditions. He has confirmed no prior directorships in other public companies listed in Hong Kong or overseas in the last three years, and no relationships with any directors, senior management, or substantial shareholders of Pop Mart.

Concurrently, Pop Mart's nomination committee will see a new composition, effective December 10, 2025. Liu Ran, an executive director, has been appointed as a member, and Zhang Jianjun, an independent non-executive director, will become the new chairperson. Wang Ning will no longer serve as the chairperson or a member. The nomination committee will now consist of Zhang Jianjun (chairperson), Wu Liansheng, and Liu Ran.