HNA Group, the under-pressure Chinese conglomerate, has hired a former US commerce department official for a senior strategy role, the company said in a statement on Wednesday.
Israel Hernandez, a former senior adviser to US Secretary of Commerce Wilbur Ross, will join the Chinese company as its head of international corporate affairs, responsible for developing business strategies and relationships with regulators and stakeholders.
The appointment of Hernandez comes at the time when the sprawling Chinese conglomerate, which spent over $50 billion in the past few years on a global buying spree, is offloading billions of dollars worth of assets to shore up its balance sheet, whiling trying...
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