Last checked at 26 Oct 2020 07:00
FOR IMMEDIATE RELEASE | 26 October 2020 |
WPP PLC ("WPP")
WPP appoints Dr. Ya-Qin Zhang to the Board
WPP today announces the appointment of Dr. Ya-Qin Zhang to its Board as a Non-Executive Director with effect from 1 January 2021.
A world-renowned technologist, scientist and entrepreneur, Dr. Zhang served as President of Baidu Inc, the global internet services and AI company headquartered in Beijing, between 2014 and 2019. As President, he oversaw the company's overall technologies, emerging businesses and global operations. Prior to joining Baidu, he held several key positions during his 16-year tenure with Microsoft, both in the US and in China, including Corporate Vice President, Chairman of Microsoft China, Managing Director of Microsoft Research Asia, and Chairman of Microsoft Asia R&D group.
He has made outstanding contributions to the internet and software industry including, at Microsoft, building one of the world's premier R&D centres with over 3,000 scientists and engineers in multimedia, computer vision, AI/machine learning, speech recognition and machine translation. At Baidu, he played a pivotal role in moving the company to new frontiers including cloud computing, autonomous driving, quantum computing, and AI/machine learning systems.
He was recently appointed Chair Professor of AI Science at Tsinghua University, China and is the founding Dean of the Institute for AI Industry Research at the same university. Dr. Zhang became a Fellow of the Institute of Electrical and Electronics Engineers at the age of 31, making him the youngest scientist to win this honour in the 100-year history of the organisation. He is also a Fellow of American Academy of Arts and Sciences, and a Foreign Fellow of Australia National Academy of Technology and Engineering.
Dr. Zhang currently serves as a Non-Executive Director of Fortescue Metals Group, an Australian global leader in the iron ore industry, and is a Non-Executive Director of AsiaInfo Technologies Limited, a Hong Kong-listed 5G technology and telecommunications software product and solutions provider, and a Non-Executive Director of ChinaSoft International limited, a Hong Kong-listed global software and IT services company.
Commenting on the appointment, Roberto Quarta, Chairman of WPP, said: "Dr. Zhang is one of the world's most celebrated technologists and business leaders. With his diverse career experience which includes leadership roles at both US and Chinese companies, and his particular understanding of the changing consumer technology landscape within China, he will make an extremely valuable contribution to the WPP Board."
Dr. Zhang said: "I am very excited to be joining WPP, which is a truly global organisation and a leader in its field. I look forward to working with the team as the company embraces future technologies and continues to develop its business in markets around the world."
OAM: Additional Regulatory Information
WPP LEI: 549300LSGBXPYHXGDT93
Balbir Kelly-Bisla
Company Secretary
26 October 2020
Notes
1. As Non-Executive Director of WPP plc, Dr. Ya-Qin Zhang will receive standard annual fees of £85,000 per annum.
2. The Board has determined that Dr. Zhang will be an independent Non-Executive Director, in accordance with the UK Corporate Governance Code.
3. In addition to the above, the following directorships held by Dr. Zhang are disclosed in accordance with Listing Rule 9.6.13R:
- 2013 to 2015 Non-Executive Director of Autohome, a Nasdaq-listed online car sales and services provider
- 2014 to 2017 Non-Executive Director of China Digital Video, a Hong Kong-listed digital video company
- 2014 to 2019 Non-Executive Director of Tarena, a Nasdaq-listed education company
Further information
Chris Wade, WPP +44 (0)20 7282 4600
About WPP
WPP is a creative transformation company. We use the power of creativity to build better futures for our people, clients and communities. For more information, visit www.wpp.com.
ENDS