Baidu sees first executive retirement, vows to appoint millennials to top team
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Baidu sees first executive retirement, vows to appoint millennials to top team

At the end of last week, Chinese internet giant Baidu made an announcement: Zhang Yaqin, its president of new business, is opting to retire at 53. This will be the first executive retirement that Baidu’s ever seen, and it came in response to a new initiative at the company. Baidu, whose command of search in China often sees it referred to as “the Chinese Google” will look to appoint younger staff in executive positions going forward.

Baidu’s share price has risen by 5% so far this year

18 03 baidu

At the end of last week, Chinese internet giant Baidu made an announcement: Zhang Yaqin, its president of new business, is opting to retire at 53. This will be the first executive retirement that Baidu’s ever seen, and it came in response to a new initiative at the company. Baidu, whose command of search in China often sees it referred to as “the Chinese Google” will look to appoint younger staff in executive positions going forward.

Baidu’s share price has risen by 5% so far this year


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