Baidu's chief operating officer Dr. Peng Ye is resigning his post, effective immediately. The departure is related to personal reasons and no replacement has yet been named.
"We thank Peng for his contributions to the company over the last two years and wish him all the best in his future endeavors," said Baidu chairman and CEO Robin Li.
That's not the only change occurring in Baidu's executive ranks. Haoyu Shen has been promoted from vice president of business operations to senior vice president. Zhan Wang has been promoted from senior director of business products to vice president.
"Haoyu and Zhan have proven track records in driving our business success and I am excited to see them make further contributions in their expanded roles," said Li.
