LQR House Inc. Announces CEO Transition
Key Highlights
- ➤Sean Dollinger stepped down as CEO effective October 16, 2026
- ➤Leo Chen immediately became CEO with responsibility for day-to-day operations
- ➤Online spirits business will transfer to outgoing CFO Kumar Abhishek’s company
- ➤LQR House shifted focus toward Fusion Five Continents Securities and AI compute
- ➤Fusion Five aims to develop an AI-enabled brokerage platform for U.S. and Hong Kong markets
Expert Statements
Sean Dollinger, Founder and outgoing Chief Executive Officer of LQR House
“I founded LQR House to build a spirits e-commerce and marketing company, and taking it to NASDAQ with the LQR team is something I will always be proud of”
Sean Dollinger, Founder and outgoing Chief Executive Officer of LQR House
“Together with the Board, we have charted a new direction for the company, centered on Fusion Five Continents Securities in New Zealand and AI compute for quantitative research under an agreement with ByteDance.”
Sean Dollinger, Founder and outgoing Chief Executive Officer of LQR House
“That direction calls for a CEO whose experience is closely aligned with those areas.”
Sean Dollinger, Founder and outgoing Chief Executive Officer of LQR House
“Stepping aside now is the right decision for me and for the company.”
Sean Dollinger, Founder and outgoing Chief Executive Officer of LQR House
“I will continue to work on the spirits e-commerce and marketing company outside the public capital markets, while also turning my attention to new projects in Artificial Intelligence, and I will support Leo and the Board through the transition.”
Lijun Chen, Non Executive Chairman and Director of LQR House
“On behalf of the Board, I want to thank Sean for founding LQR House and taking it public,”
Lijun Chen, Non Executive Chairman and Director of LQR House
“During his tenure, Sean led the company through significant capital raises and strategic transactions, and he made this current decision with LQR's next phase in mind.”
Lijun Chen, Non Executive Chairman and Director of LQR House
“We look forward to his continued support during the transition.”
Lijun Chen, Non Executive Chairman and Director of LQR House
“Leo's strong finance background and years of executive experience will serve the company well as we develop Fusion Five Continents Securities into a truly AI-enabled brokerage platform, integrating financial research, portfolio analytics, and investment execution.”
Lijun Chen, Non Executive Chairman and Director of LQR House
“The Board is confident in Leo's ability as CEO to drive LQR's next phase.”
Lijun Chen, Non Executive Chairman and Director of LQR House
“I look forward to working closely with him and the senior leadership team to execute on our strategy.”
MIAMI BEACH, FL / ACCESS Newswire / October 16, 2026 / LQR House Inc. (the "Company", "LQR House" or "LQR") (NASDAQ:YHC) today announced that Sean Dollinger has stepped down as Chief Executive Officer, effective October 16, 2026. Leo Chen will become Chief Executive Officer, effective immediately.
This change follows LQR's strategic pivot toward its New Zealand-based acquisition, Fusion Five Continents Securities, alongside several other initiatives, including a technology agreement with ByteDance. Mr. Dollinger believes the Company will be better served by a Chief Executive Officer with the operational background for this new direction. In connection with Mr. Dollinger's departure from LQR House, the online spirits business will be transferred to a company owned by Kumar Abhishek, the outgoing CFO of LQR House.
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