Baidu Announces Key Board and Committee Changes

The latest announcement is out from Baidu, Inc. Class A ( (HK:9888) ).

Baidu, Inc. has announced a significant change in its board and committee composition, appointing Ms. Xiaodan Liu as a new independent director and chair of the audit committee, effective February 23, 2025. Ms. Liu, who brings over two decades of financial market experience, will replace Mr. Brent Callinicos, who resigned for personal reasons. This strategic appointment could enhance Baidu’s governance and financial oversight, given Ms. Liu’s extensive background in leading financial institutions and her active role in capital markets policymaking.

More about Baidu, Inc. Class A

Baidu, Inc. operates within the technology industry, primarily known for its internet and AI services. It is a leading Chinese multinational specializing in search engine services and artificial intelligence, with a significant market presence in China and listed on both Nasdaq and the Hong Kong Stock Exchange.

YTD Price Performance: 8.22%

Average Trading Volume: 11,720,648

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$251.1B

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