On the move

Yu leaves Weibo; Fei to stand in as CFO

Yu Zhengjun, chief financial officer of Sina Weibo, China's Twitter-like social media platform, stepped down earlier this month. Vice-president Fei Cao will stand in until a new successor is named. Yu came to Weibo as CFO in 2015 from parent Sina Group, where he held the same post. Wang Gaofei, CEO of Weibo, paid tribute to Yu for bringing to his job more than 20 years of experience in financial and asset management gathered in the United States and China.

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