ZeMing M. Gao and Peter Wei join Toolots executive team to assist the company's growth and future endeavors
CERRITOS, Calif. - March 13, 2017 - With the end of Q1 2017 rapidly approaching, Toolots announced Wednesday that two new executive officers have been hired to assist with business development endeavors. ZeMing M. Gao, Chief Strategy Officer (CSO), and Peter Wei, Board of Directors Executive Adviser, collectively have over 50 years of professional experience in a variety of industries, and will begin work immediately at Toolots’ headquarters located in Southern California.
- Peter Wei, Board of Directors Executive Adviser
- ZeMing M. Gao, Chief Strategy Officer (CSO)
ZeMing M. Gao graduated from University of Wisconsin Law School, received a Masters of Science in Biophysical Chemistry from University of Washington, and a Masters of Science in Quantum Chemistry from University of Jilin. With over 30 years of experience in business development, Mr. Gao has successfully fostered business growth by providing U.S. companies with specific industry knowledge on investments, education, and technology to ensure each business’ individual needs are met. In addition, Mr. Gao possesses vast experience in intellectual property (IP) protection, legal counseling, development, and commercialization, managing and protecting valuable assets.
Peter Wei graduated from Beijing University with a Bachelor’s in Computer Science and received his MBA in Business and Management from Pepperdine University before obtaining a Ph.D in Computer Science from the University of Michigan. Mr. Wei, also a software architect and rules expert, possesses more than two decades of senior management experience in the technology and software industries. In previous positions, Mr. Wei has successfully implemented software solutions and dynamic rule-based decisioning systems to simultaneously improve efficiency, productivity, and growth for businesses in an array of industries.
“We’re excited to have such distinguished gentlemen with vast industry experience joining Toolots,” Raymond Cheng, Toolots Chief Operating Officer said. “We’ve experienced a lot of growth during Q1, and expect it to continue throughout the year."
This news follows Toolots’ recent announcement of plans to hire an estimated 20 additional employees, the successful launch of its ongoing Global Commerce Services initiative, and the upcoming US-China Medical Device Summit in June 2017.
Toolots, headquartered in Cerritos, California, offers an online marketplace and international distribution channel for factory-direct industrial tools, machinery, and technology. The user-friendly platform provides fast, easy access to high-quality, affordable equipment to manufacturers. Toolots’ comprehensive services streamline the purchase, delivery, installation and warranty of industrial technology, machinery and components, and uphold the quality of important goods through a vetted network of vendors and service technicians. The company’s dedication to fostering international trade relations passes on cost savings to the consumer, contributes to reduced downtime, improves productivity and expands a manufacturer’s reach. Toolots has strategically located warehouses, showrooms, and offices across the United States and China. For more information about Toolots, visit their website at www.toolots.com.