Baidu continues to plan the rotation of CFO Yu Zhengjun to CSO

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On August 12, baidu released its financial report for the second quarter of 2021, which disclosed that Baidu CFO Herman would rotate to CSO. Herman continued to serve as CFO until the new CFO took office.
According to Baidu’s executive rotation plan, Herman will rotate to the company’s CSO position to be responsible for the company’s strategic planning and management. Baidu said that the rotation of middle and senior management cadres is of great significance to the future development of the company. Job rotation is conducive to cultivating a comprehensive perspective and stimulating innovation. Baidu needs to continue to strengthen the management ability at the group level and the cadre rotation mechanism to continuously bring innovation vitality to the organization. Herman continued to serve as CFO until the new CFO took office.