Baidu Names Apple Exec as COO

Peng Ye will join the company April 25.
By TSC Staff ,

Chinese-language Internet search provider

Baidu.com

(BIDU) - Get Report

named Peng Ye as its chief operating officer, effective April 25.

Ye joins the company from

Apple's

(AAPL) - Get Report

China business, where he served as country general manager.

"We are pleased to have Mr. Peng Ye joining us as chief operating officer," said Robin Li, Baidu's chairman and chief executive. "With his years and wide range of experiences in sales, marketing and business operations management, as well as software development in the IT and telecom industries, Peng is a strategic addition to our management team."

Shares of Baidu rose 3% Wednesday to $281.48.

This article was written by a staff member of TheStreet.com.

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