21 January 2019

New Oriental chief quits for personal reasons, website says

New Oriental Education & Tech Group, the largest provider of private educational services in China, said Monday that executive president Chen Xiangdong will resign for personal reasons effective Jan. 31, Tencent Finance portal reported Monday. Chen has been with the company for 15 years and his duties will be taken over by Michael Yu, chairman and chief executive, and other members of the senior management team, the report said.

– Contact HKEJ [email protected]



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