Archive for September 30th, 2011

Chen yongzheng of 3200 people give up Microsoft

Microsoft announced yesterday that the greater China region, outgoing CEO Chen yongzheng. At the same time, the NBA chairman David Stern (David Stern) announced formally appointed Chen yongzheng Chinese CEO for the NBA, October 15 st.

The NBA chairman stern said, Chen yongzheng Chinese CEO as an NBA is the best choice. He said: "we consider and not the intellectual property rights protection, but with more complex government and enterprise problem of experience."

Stern says, early in the Microsoft Office 2007 Home and Student MBA degree at the university of Chicago, Chen yongzheng during to basketball very interested in, is a big fan of the Chicago bulls.

Stern also revealed the NBA will have China subsidiary 90% of the shares. In addition, 5% of the shares will be sold to an American media company, the other 5% provides Chinese investors.

In the middle of October, stern will be visiting Shanghai. At the appointed time, he may reveal the names of the two other investors.

According to a person familiar with the, with 5% of the shares in the American media company is the Disney.

At present, Microsoft in mainland China, Hong Kong and Taiwan 15 branch employees of 3200 people. By contrast, the NBA China only 80 employees, but will continue to expand. At present, China is the NBA’s biggest market outside the United States.