The new CEO reportedly is Xu Ziyang, the former head of ZTE's Germany branch. The company has also named a new CFO, CTO and head of human resources.
This comes after the Commerce Department's Bureau of Industry and Securityto some companies doing business with ZTE from July 2 to Aug. 1. The company was also expected to be in compliance with US demands by Aug. 1.
The Chinese phone manufacturer has been banned from purchasing American products for seven years, which threatened to failed to fire employees who illegally shipped US equipment to Iran and North Korea.. The ban came as a punishment after ZTE in 2017
President Trumpthe ban on ZTE in June, but some members of Congress are working to keep the ban in place. ZTE was also required to to resume business in the US.
ZTE didn't immediately respond to a request for comment.