Baidu.com CFO dies in accident

Chief financial officer of China's leading search engine dies over holiday.

Shawn Wang, chief financial officer for Baidu.com, the leading search engine in China, died Thursday in an accident while on vacation during the holidays, the company said in a statement.

Baidu.com
Baidu.com

The company did not elaborate on the details of the accident.

"We are all completely shocked and deeply saddened by this tragic news," said Robin Li, Baidu.com's chairman and chief executive.

Wang joined Baidu in 2004, four years after its founding, to lead it to a successful initial public offering on NASDAQ in August 2005. Earlier this month Baidu.com became the first Chinese company to be included in the Nasdaq 100 index.

Featured Video

We pummel the powder in Nissan's Winter Warrior concepts

Equipped with suspension lifts and actual tracks, these concepts are meant to reach places that no ordinary vehicle can.

by Jon Wong