Business / Top management changes

Huawei founder splits CEO role

[2012-04-24 11:16]

Huawei said founder Ren Zhengfei will split the role of chief executive officer with a panel of three executives who will rotate at six-month intervals.

Goldman rehires veteran Schwartz as Asia chairman

[2012-06-13 11:13]

Goldman Sachs said on Tuesday it had rehired veteran banker Mark Schwartz in the role of chairman of its Asia-Pacific unit, based in Beijing, becoming the first global investment bank to place its sole regional chairman in China's capital.

Lenovo's founder Liu Chuanzhi resigns as president

[2012-06-19 09:41]

Liu Chuanzhi, founder of China's largest PC maker, has stepped down as the the president of Legend Holdings, but remains as the company's chairman.

VW appoints new president for China branch

[2012-08-31 15:43]

Volkswagen AG said on Thursday that it appointed Jochem Heizmann as president and CEO of Volkswagen Group China, effective from September 1.

China Sky appoints new CEO, directors

[2012-09-15 13:32]

Singapore-listed chemical fiber maker China Sky announced key appointments on Friday, months after its chief executive officers and directors resigned.

Last Mengniu founder resigns

[2012-08-01 15:35]

China Mengniu Dairy Co Ltd said on July 31 that Yang Wenjun resigned as chief executive director of the company and was replaced by Sun Yiping.

Li Ning says CEO steps down, founder to lead

[2012-07-05 11:16]

Chinese sportswear group Li Ning Co Ltd, grappling with a slowdown, said its chief executive Zhang Zhiyong has stepped down with immediate effect.

Agricultural Bank vice president resigns

[2012-06-09 16:13]

The Agricultural Bank of China, the nation's third-largest lender by market value, announced Friday its vice president Pan Gongsheng has resigned.

World Bank's Justin Lin leaves post

[2012-06-05 14:28]

World Bank Senior Vice-President and Chief Economist Justin Yifu Lin left his post after his four-year tenure at the lender ended on June 1.

Big reshuffle at top of VW

[2012-06-04 09:26]

Volkswagen AG CEO Martin Winterkorn appointed a new trucks chief, added a top executive for China and replaced three Audi board members.

Carrefour to hire store managers

[2012-06-02 11:48]

France's Carrefour SA China plans to recruit more than 20 store managers from among Chinese MBA students to support its rapid expansion plans in the country.

Carrefour to hire Chinese MBAs

[2012-05-30 09:50]

France's Carrefour SA China plans to recruit Chinese MBA students as store managers to support its fast expansion plans in the world's second largest economy.

China Everbright International's vice-chairman resigns

[2012-04-26 16:23]

Li Xueming has resigned as vice-chairman of China Everbright International Ltd.

Mengniu names new CEO

[2012-04-13 17:41]

Mengniu announced Thursday that it has appointed Sun Yiping as its new chief executive officer (CEO), replacing Yang Wenjun, whose second tenure expired.

New China executive for Renault

[2012-03-19 15:43]

Renault executive vice-president Katsumi Nakamura was appointed head of the French carmaker's China business operations on March 9.

Alibaba seeks Yahoo CEO after talks: insider

[2012-02-16 10:42]

Alibaba Group Holding Ltd and Japan's Softbank Corp will go directly to Yahoo Inc's chief executive, bypassing negotiators from the US Internet company.

Walmart names Foran as new China CEO

[2012-02-07 13:10]

Wal-Mart Stores Inc said on Tuesday it has named Walmart executive Greg Foran as the president and chief executive of Walmart China, capping a series of leadership changes at the China unit tainted by food scandals.

Li Ning to reduce staff to lower costs

[2012-02-07 09:46]

China's homegrown sports brand Li Ning Co Ltd has announced that it will reduce staff numbers to rein in costs after it had predicted its revenue for 2011 had fallen by 6 to 7 percent year-on-year.

Executives detained in financing probe

[2012-02-06 09:16]

Acting on suspicions of illegal private fundraising, the local public security department on Friday arrested Dong Shunsheng, chairman of a local education group based in Wenzhou, Zhejiang province.

Yahoo co-founder Jerry Yang resigns

[2012-01-18 06:31]

Yahoo co-founder Jerry Yang is leaving the struggling company. The surprise departure comes just two weeks after Yahoo hired former PayPal executive Scott Thomson as its CEO.

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