Recently, there was news that American Express is now vice president Shen Hao-yu will be Baidu in June as chief operating officer (COO). They immediately with the relevant source of communication, the sources said this information to be true.

Reportedly, Shen Hao Yu will succeed incumbent Baidu COO Hongbo Zhu responsible for the overall operation of the company. The latter has in the end of April 2007 announced his resignation for personal reasons and will be June 30 officially leave the company.

Information, is the 36-year-old Shen Hao Yu now the world’s largest independent credit card companies — American Express office, as vice president, responsible mainly for personal card issuing business. In joining AMEX ago, he had McKinsey & Company, American executives.

Shen Hao Yu-based rich international financial background, industry analysts believe that the aim of his accession, probably shows the strength Baidu will advance the financial field. After all, “Internet enterprises in the financial field laden with examples of a very styles. ”