Baidu Announces Management Changes

Core Points - Baidu has appointed Mr. Haijian He as the new Chief Financial Officer, effective immediately [1][2] - Mr. Junjie He will transition from Interim CFO to Senior Vice President overseeing human resources and administrative functions [2] - Ms. Shanshan Cui will take on the role of Secretary General to the Organizational Culture Committee [2] Management Commentary - Robin Yanhong Li, Baidu's Co-founder and CEO, expressed enthusiasm for Mr. Haijian He's appointment, highlighting his leadership experience and potential contributions to Baidu's growth [3] - The company acknowledges the contributions of Mr. Junjie He and Ms. Shanshan Cui in their previous roles and anticipates their continued value in their new positions [3] Mr. Haijian He's Background - Mr. Haijian He previously served as CFO and executive director at Kingsoft Cloud Holdings Limited since January 2020 [3] - His prior experience includes roles at Goldman Sachs (Asia) L.L.C. and Bank of America Merrill Lynch, focusing on TMT and mergers and acquisitions [3] - He holds degrees in electronic engineering and an MBA, along with completing the Advanced Management Program at Harvard Business School [3]