New Oriental Education (EDU) Names Louis T. Hsieh as President; Mr. Hsieh Will Continue as CFO and Board Director
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New Oriental Education & Technology Group Inc. (NYSE: EDU) announced that its Board of Directors has named Louis T. Hsieh as President, effective immediately. Mr. Hsieh will continue his duties as the Company's Chief Financial Officer and as a Board Member.
"Louis has been an integral part of New Oriental's success these past several years," said Michael Yu, New Oriental's Chairman and CEO. "Since leading New Oriental through our IPO on the New York Stock Exchange in 2006, Louis' professionalism, vision, business acumen and wealth of experience have been instrumental to New Oriental's ongoing success. I look forward to continuing to work closely with him in his expanded role."
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