Lisa Fan
About Lisa Fan
Lisa Fan served as Interim Chief Financial Officer of Professional Diversity Network, Inc. from June 12, 2025 until her resignation effective August 7, 2025; her resignation was not due to any disagreement with the company . She is a seasoned financial consultant and audit specialist with over 15 years of experience in corporate finance, internal auditing, and IPO readiness; she holds a Bachelor's degree in Accounting from Zhejiang Institute of Finance and Economics and is a CPA in China . Around her interim tenure, IPDN reported Q2 2025 revenues of approximately $1,641,000 and reduced net loss from continuing operations to approximately $492,000 for the quarter, with net loss per share improving to $0.23; management highlighted ongoing cost control and technology investment initiatives .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Souche Group | Director of Internal Audit | Jul 2019 – Apr 2022 | Built group-wide internal control systems and managed financial operations to prepare for dual listings in the U.S. and Hong Kong |
| Baizan Consulting (Shanghai) | Financial Consultant | May 2022 – Present (as of appointment) | Leads IPO structuring and ensures financial compliance for private enterprises |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Baizan Consulting (Shanghai) | Financial Consultant | May 2022 – Present (as of appointment) | Advises on IPO structuring and financial compliance |
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Base Salary (Interim period) | $60,000 per year | Effective during interim CFO period |
| Base Salary (post-interim conclusion) | $72,000 per year | Would increase upon conclusion of interim term; she resigned on Aug 7, 2025 |
| Cash Reimbursement | Reasonable expenses | Standard reimbursement of documented expenses for role-related duties |
Performance Compensation
| Incentive Type | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Stock Awards | Not disclosed | Not disclosed | Not disclosed | Not disclosed | $20,000 annually | Vesting terms not disclosed |
No specific performance metrics (e.g., revenue growth, EBITDA, TSR) tied to Ms. Fan’s compensation were disclosed in the filings reviewed .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Beneficial Ownership (shares) | Not disclosed for Ms. Fan in reviewed filings |
| Vested vs. Unvested | Not disclosed |
| Options (exercisable/unexercisable) | Not disclosed |
| Shares Pledged as Collateral | No pledging disclosed in reviewed filings |
| Related Party Transactions | None; except for CFO Employment Agreement, Ms. Fan had no transactions with the Company since the beginning of the last fiscal year |
Employment Terms
| Term | Provision |
|---|---|
| Appointment | Appointed Interim CFO on June 12, 2025 |
| Resignation | Resigned effective August 7, 2025; not due to disagreement with the Company |
| Compensation Agreement | CFO Employment Agreement summarized in 8-K: $60,000 interim salary, rising to $72,000 post-interim conclusion; stock awards valued at $20,000 annually |
| Non-Compete / Non-Solicit | Not disclosed for Ms. Fan in reviewed filings |
| Severance / Change-of-Control | Not disclosed for Ms. Fan in reviewed filings |
| Clawbacks / Indemnification | Not disclosed specific to Ms. Fan in reviewed filings |
| Family Relationships | None; no family relationship with officers/directors |
| Item 404 Transactions | None for Ms. Fan (other than the CFO Employment Agreement) since the beginning of the last fiscal year |
Company Performance Context (Q2 2025)
| Metric | Q2 2025 | Q2 2024 |
|---|---|---|
| Total Revenues ($USD) | $1,641,000 | $1,690,000 |
| Net Loss from Continuing Operations ($USD) | $(492,000) | $(586,000) |
| Net Loss per Share ($USD) | $(0.23) | $(0.50) |
| Adjusted EBITDA ($USD) | $(454,000) | $(468,000) |
Investment Implications
- Tenure and retention risk: Ms. Fan’s brief tenure (approx. 8 weeks) as interim CFO and resignation without disagreement indicates transitional finance leadership during Q2 reporting; continuity risk was subsequently addressed by appointing a new CFO .
- Pay-for-performance alignment: Her compensation structure was modest cash salary with a small equity component ($20,000 annually), but no disclosed performance-linked metrics, vesting schedules, or severance/change-of-control protections—limiting both alignment signals and potential insider selling pressure tied to large equity grants .
- Governance and conflicts: Filings note no related-party transactions or family relationships and no pledging, reducing governance red flags related to the interim appointment .
- Operating backdrop: The company’s Q2 2025 results show incremental improvement in net loss and continued revenue mix shifts, but these are company-level dynamics and not attributable to Ms. Fan’s compensation levers; absence of disclosed performance metrics tied to her pay reduces analyzability of incentive design versus outcomes .