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Baidu’s CFO Dies in Accident

Baidu’s Chief Financial Officer has died after an accident while on vacation in China, sources with the company said.

CFO, Shawn Wang, helped Baidu list on the Nasdaq stock exchange in 2005. The company website reported that he died on Dec. 27 during a Christmas vacation in China. The company did not give any further details.

“Shawn’s leadership and vision helped transform Baidu into a leading U.S. public company, and his presence will be greatly missed,” Robin Li, chairman and chief executive said in the statement.

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