New Oriental Education (EDU) Names New CEO
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New Oriental Announces Management Change
September 2, 2016 4:00 AM EDTBEIJING, Sept. 2, 2016 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that the Company's Board of Directors (the "Board") appointed Mr. Chenggang Zhou, the Company's current President, as Chief Executive Officer of New Oriental, effective September 2, 2016. Mr. Zhou succeeds Mr. Michael Minhong Yu, Founder, Chairman and Chief Executive Officer, who will become Executive Chairman of the Board and continue to oversee the Company's business strategies and operations.
Mr. Zhou joined New... More