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Focus Media Holding names new CFO

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NEW YORK (AP) — China’s Focus Media Holding Ltd. said Monday it has appointed Kit Leong Low, former executive director of the media and entertainment company eSun Holdings Ltd., as its new chief financial officer.

Low, 39, replaces Alex Deyi Yang, who has held the job as acting CFO since Daniel Wu left the position early last year.

The company, a Shanghai-based advertising network, said it has named Yang general manager. He will focus on the company’s daily operations.