Baidu Loses Another Key Executive

Two weeks ago, Baidu announced that its Chief Operating Officer, Dr. Peng Ye, was leaving the company. Now, Baidu is announcing another major resignation.

Chief Technology Officer Mr. Yinan Li. Officially, both Ye and Li left for personal reasons.

"We appreciate all that Yinan has contributed to Baidu and we wish him every success in his future endeavors," said Robin Li, Baidu's chairman and chief executive officer.

No replacement for Li has been named.