LightInTheBox Holding Co., Ltd. (NYSE: LITB) announced that its Chief Financial Officer Mr. Richard Xue has decided to leave the company due to personal reasons effective on February 17, 2014. The Company’s board of directors (“Board”) will conduct a search for a new CFO immediately.<br /><br />The Company's Financial Controller and VP of Finance, Jennifer Hu, who has been with the Company for more than 5 years, will perform all duties in accounting and finance on an interim basis, under the supervision of the Company's President, Mark Stabingas, as well as the Board’s Audit Committee.<br /><br />“On behalf of the company, I’d like to thank Richard for his significant contributions to the Company, including a very successful IPO in 2013. We wish him the best in his future endeavors,”commented Mr. Alan Guo, Chairman and CEO of LightInTheBox.<br /><br />“Due to personal reasons, I need to step aside from my work at LightInTheBox. Working at LightInTheBox has been a rewarding experience and I leave the company with well wishes for my colleagues and the future development of the Company,” stated Mr. Xue.