Yesterday afternoon, Sina Board held in Hong Kong, in time for the 10th (U.S. time on the 9th) released first-quarter earnings before the decision of senior management changes. Yesterday evening, the Board has the end result, however, the reporter learned from Sina, the Board of Directors of the decision results in Beijing on the 10th will be officially announced until the morning. Ups and downs of high-level personnel rumors about Sina announced. Rumors that a three-year term of office of Wang Yan will be the outgoing CEO, together with the section of Wing Kei as co-chairman of SINA to succeed in March to leave Daniel Chiang. President, CEO Wang Yan Chao will take over the place.
Wang Yan return from the front behind the scenes?
"Wang Yan is a man who like Beijing, the atmosphere, sharp, but sometimes not very good temper, not very good mainly he was idealistic, and, towards the familiar man he is demanding." This is a SINA Staff Evaluation of the Wang Yan. He also denied that Wang Yan in the voice of employees is not high Sina rumors. "Sina to the market to profit from the establishment to the present, Wang Yan's figure has been in, including and the Chinese Yuan after the merger, the merger really finishing and operation of people, is Wang Yan." Can be seen that the performance of Wang Yan Sina by staff and senior recognition.
People familiar with Sina evaluation, Wang Yan is an idealist, but Chao was a perfectionist, perfectionist when faced idealists. "They complement each other with that." The person commented.
"Idealist is to manage the overall situation, the implementation of a perfectionist, so, Chao went to the stage is a trend, and the idealists Wang Yan, after the completion of the share the responsibility, to go behind the scenes." The people of that .
"Can not simply inappropriate, said CEO Wang Yan is the class, and Sina from scratch, from small to large, Wang Yan is not only the founder, but a person who has been through one can regard him as a kind of fame, from the back to front, from front to back, or a higher level. "The people who commented on.
Sina began Chao age?
Since Wang Yan in the eyes of many of Sina's image as a hero, then why after another from the president, CEO position, "class"?
Analysts familiar with Sina explains: "Sina has entered an era, and this time the result is a greater emphasis on age, earnings, reports the Times, idealists in the early days, the market early in the establishment of a time when profits are necessary is necessary. But when a business has been out of the problem of existence, gradually into the development time, this time one would need to do a good job, do practical to do practical, more emphasis on the implementation details and the perfect advocates. "can be said that Chao's model is more suitable for the present Sina.
Yesterday, the directors held in Hong Kong "decision Sina ship, the navigator person" meetings, Chao stay in Beijing. To "take over CEO" one said he did not express any opinion.
Four-way high-level executives to when Sina?
The day before yesterday evening, sources said, "from director Chen Xiaotao Stone Sina Department will take over the post of COO." But reporters could not confirm the authenticity of the rumors.
Earlier, news that Sina in the Q1 earnings release before the candidate will announce the new COO. The source said: "The new board of directors from Sina COO that director Chen Xiaotao." Chen Xiaotao also served as executive director of Stone Group Holdings, President. As with the section of Wing Kei Chen Xiaotao Department of the Stone.
Four-way high-level access to Sina management, which has no precedent in the history of Sina. Prior to this, including the section of Wing Kei, including four-way high-level representation only in the Sina board, not management in the office.
Missed the grand re-board
The largest shareholder of Sina grand, entering Sina board is Mr. Chen's long-cherished wish, however, although there were some news travels, Shanda may be sent to participate in Sina, Senior Vice President Di Haibin board meeting, but the official press release yesterday from the director of Sina see the list of current directors Sina section of Wing Kei, Wang Yan, BroadVision CEO Pehong information, Sun Media Investment Group CEO Chen Xiaotao, Walden International Investment Group Lip-Bu Tan, chairman of the Taiwan standard foods chairman Cao Defeng, Doll Capital Management General Partner human Hurst Lin, Morgan Stanley in Hong Kong director Zhang Songyi consultancy company, CITIC Capital Markets Holdings Limited chief executive Zhang Yichen of nine. In other words, yesterday's board meeting in which nine people. The big change is missed the high-level decision-making board of directors, both grand and Sina have refused to comment on this.
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