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Baidu Appoints Two Senior Members to Build a Dream Executive Team
Date: Sep 14, 2004
Copyright: Press Release

BEIJING, Sept. 14 /Xinhua-PRNewswire/ -- Baidu.com, Inc., the largest Chinese Internet search engine, today announced that Shawn Wang has joined the Company as CFO. Early this January David Zhu was promoted to COO. Baidu's executive team made its first public appearance with a perfect combination of international as well as local elites.
Prior to joining Baidu, Mr. Wang had worked for PricewaterhouseCoopers (PwC) for 10 years, and became a Partner in PwC in July 2003. He was responsible for managing PwC China's cross-border transactional, accounting, and strategic advisory services to clients from Asia Pacific countries with focus in the Greater China region. He is an Expert Advisor for the China Ministry of Finance on international accounting practices and accounting standards setting initiatives in China. He was an advisor for China Securities Regulatory Commission in 2003. Major clients he has served include China Life, Bank of China (Hong Kong) Ltd., PetroChina Company Ltd., China Eastern Airlines, and Netease, a Nasdaq-listed company.

Mr. Wang has been an active member of many organizations, such as Sino- American Business Organization and HK-American Business Organization. He has also given numerous speeches, publications, and presentations on topics including accounting and capital market development.

Mr. Wang holds a Master's degree in Accounting from American University. He also holds a Master's degree in Higher Education Administration from West Virginia University. He obtained his Bachelor's degree in Industrial Management from Northwestern Polytechnical University in China.

Mr. David Zhu holds rich local management experience and has strong experience in corporate strategy, business solution selling and marketing. After graduating from Beijing University of Aerospace and Aviation in 1992, Mr. Zhu worked at Beijing Softtech Co., responsible for software marketing and sales. His positions there included account manager and subsidiary company manager. From 1997 to 2001, Mr. Zhu joined UFSoft Co. Ltd, the largest software company in China. He held various positions there, including marketing manager of commercial office software department, marketing manager of MIS department, deputy general manager of management software subsidiary company. In 2000, he was promoted to Vice President responsible for national sales and marketing. In 2001, Mr. Zhu founded Original Powet IT and served as CEO. In 2002 he joined HAN Consulting (China) Ltd. as Vice President for business development and sales.

In June 2002, Mr. Zhu joined Baidu as Senior VP of Marketing and General Manager for enterprise software. He was promoted to COO in January with responsibility for the Company's overall operation.

"I'm delighted that Baidu is building a powerful executive team. Shawn has a very strong international background, and David holds deep understanding of local enterprise operations. Both of them are enthusiastic and passionate towards Internet business and Baidu," said Baidu CEO Robin Li. Li believes that the new management team will greatly help the standardization of Baidu management and operations, and take Baidu to new heights.