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Technology Stocks : Baidu (BIDU)

BIDU 123.85

-0.4%

3:59 PM EST

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From: Sr K	4/2/2008 7:59:48 PM
	of 2098

thestreet.com Baidu Names Apple Exec as COO 04/02/08 - 05:03 PM EDT Chinese-language Internet search provider Baidu.com (BIDU - Cramer's Take - Stockpickr) named Peng Ye as its chief operating officer, effective April 25. Ye joins the company from Apple's (AAPL - Cramer's Take - Stockpickr) 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.

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