Wednesday, August 4, 2010

CFO Carol Yu, Sohu shares the profits leaving nearly 10 million U.S. dollars

December 25 morning news, when Sohu CFO Carol Yu, rumors still left when the thunder of the wave, according to Sohu's public stock data show that during 2008, Carol Yu, Sohu shares have been sold several times before, gains approaching 1000 million.

According to Nasdaq's a form of insider trading on the Sohu statistics, Carol Yu, in May this year during the month is divided into 4 -6 selling their company stock, the proceeds were given to 6,810,000 dollars, 3,032,299 dollars, 1,737,600 and 1,773,200 U.S. dollars, amounted to 13,353,099 dollars in total cash; the implementation of option two hours in May and November, respectively, per share .84 - .17 and .84 per share - the price of the implementation of options .78 178,125 shares and 6875 shares.

According to preliminary calculations, except for the implementation of option funds, Carol Yu, the gains to sell shares approaching 10 million U.S. dollars.

In addition to Carol Yu, the stock records show there are many executives focus on Sohu cash. According to Sohu's share price over the past year show that in May -7 Sohu shares during the month rose to a high of 91.5 U.S. dollars, most executives have chosen cash. Has just announced his resignation this month, Gong Yu, chief operating officer on two occasions in 2008 to sell his shares, profit 300 million, other executives also sold shares of Sohu senior vice president of Wang Xin and so on.

Since Carol Yu joined Sohu in March 2004 after nearly five years, working time, as early as early 2008, there was news that she would choose to leave after the Olympics. In the middle of this month, Sohu announced that Chief Operating Officer, Gong Yu will be leaving on January 10 next year, in addition, has been heard back in October, vice president of Sohu Sohu Olympic Chenlu Ming's departure, but denied giving Sohu.

Beijing on December 24 evening, because it is Christmas Eve, a quiet start to U.S. stocks Wednesday, rose slightly overall, the Chinese stocks were mixed, Sohu shares opened at 42.59 U.S. dollars.

Carol Yu (Carol Yu) Description:

Carol Yu joined in March 2004 Inc. Chief Financial Officer, in finance, accounting, investment banking, 20 years of experience Miss Yu Chuyuan joined Sohu in the former Arthur Andersen accounting firm before the audit partner in Hong Kong, Toronto , Beijing office had worked for 10 years. She served as a joint venture between Andersen and the Ministry of Finance, Arthur Andersen accounting firm, general manager of Miss Yu Chuyuan Huaqiang firm was the U.S. investment bank Donaldson Lufkin & Jenrette Securities Corporation Senior Vice President, responsible for China's investment banking business.

Miss Yu Chuyuan graduated from the Hong Kong Polytechnic University, has a practicing Certified Public Accountant in Hong Kong.

February 6, 2007, Miss Yu Chuyuan promoted to Sohu's co-president and CFO, responsible for financial and Olympic.

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