Ten Holdings Inc. announced that Naoaki Mashita has resigned from the Board of Directors and as independent Chair of the Board, effective immediately. Christina Maldonado has been appointed to fill the resulting vacancy and will serve on the Board, as well as join the Audit Committee and become Chair of the Compensation Committee. Randolph Wilson Jones III, the company's CEO, has been appointed Chair of the Board, and Ms. Maldonado will serve as Lead Independent Director. The company also established Compensation and Nominating and Corporate Governance Committees, with Ms. Maldonado and Gan Yong Sheng serving as their respective sole members.

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