People: Longtop Financial Technologies Limited (LFT)

LFT on New York Consolidated

31.91USD
9 Feb 2010
Price Change (% chg)

$0.11 (+0.35%)
Prev Close
$31.91
Open
--
Day's High
$32.32
Day's Low
$30.88
Volume
1,819,562
Avg. Vol
1,060,713
52-wk High
$41.77
52-wk Low
$13.76

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Summary

Name Age Since Current Position
Ka, Hiu Kung 59 1996 Chairman of the Board
Lin, Wai Chau 43 1996 Chief Executive Officer, Director
Palaschuk, Derek 45 2006 Chief Financial Officer
Chen, Yinhua 45 1996 Director
Gurnee, Thomas 58 2007 Independent Director
Xue, Zuyun 46 2007 Independent Director
Shen, Yifeng 45 2008 Independent Director
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Biographies

Name Description
Ka, Hiu Kung Mr. Hiu Kung Ka, who is also referred to as Xiaogong Jia, which is a transliteration of the Mandarin Chinese version of his name, is one of the founders and has served as the Cairman of board of directors of Longtop Financial Technologies Limited since inception in June 1996. Mr. Ka has over 30 years of experience in China’s IT industry. He is currently a standing director of the China Business Council, director of Fujian Computer Society, vice- president of Xiamen Computer Society and standing vice chairman of Xiamen Software Industry Society. Prior to founding our company in 1996, Mr. Ka has served various positions including deputy head engineer, vice general manager and general manager of Xiamen Longtop Electronic Computer Company. From 1980 to 1984, Mr. Ka was the technical section chief of Fujian Provincial Computer Research Institute. Mr. Ka received his bachelor’s degree in industrial automation from Fuzhou University in China.
Lin, Wai Chau Mr. Wai Chau Lin, who is also referred to as Weizhou Lian, which is a transliteration of the Mandarin Chinese version of his name, is one of the founders and has served as a Director and Chief Executive Officer of Longtop Financial Technologies Limited since inception in June 1996. He has over 21 years of experience in China’s IT industry. Prior to founding our company, Mr. Lin held various positions, including technology department manager, sales department manager, vice general manager and general manager, of Xiamen Xindeco Computer Company from 1985 to 1996. Mr. Lin has won various industry awards, including Fujian Outstanding Young Entrepreneur award, Xiamen Outstanding Young Entrepreneur Award and Fujian Software Talent Award. He served as the vice-president of Xiamen Youth Chamber of Commerce and currently serves as a representative of People’s Congress for the Siming District, Xiamen. Mr. Lin had been a visiting professor at the Software School of Xiamen University. Mr. Lin received his bachelor’s degree in computer science from Fudan University.
Palaschuk, Derek Mr. Derek Palaschuk has been Chief Financial Officer of Longtop Financial Technologies Limited since September 2006. Mr. Palaschuk was previously the chief financial officer of eLong Inc., a China-based NASDAQ-listed company, from April 2004 until July 2006. Prior to joining eLong Inc., Mr. Palaschuk worked with Sohu.com, a China-based NASDAQ- listed company, from July 2000 to March 2004 in various financial positions including chief financial officer. Mr. Palaschuk also worked as an audit manager with PricewaterhouseCoopers in Hong Kong and Beijing. Mr. Palaschuk holds a Bachelor of Commerce degree in accounting from the University of Saskatchewan, and an LLB from the University of British Columbia in Canada. He is also a Canadian Chartered Accountant.
Chen, Yinhua Ms. Chen Yinhua has served as a Director of Longtop Financial Technologies Limited and as the Director of Business Division since November 1996. Ms. Chen has more than 20 years of experience in project review and evaluation and overseas purchasing of equipment in the IT industry. Prior to joining Longtop, Ms. Chen worked with Xiamen Southeast Computer and served as its software development engineer, Deputy Director of Technology Division, Deputy Director of R&D Division and Executive Assistant. Prior to Xiamen Southeast Computer, Ms. Chen was a teaching staff and researcher at the Department of Computer Science of Fuzhou University. Ms. Chen holds her bachelor’s degree in computer science from Fuzhou University.
Gurnee, Thomas Mr. Thomas Gurnee has served as an Independent Director of Longtop Financial Technologies Limited and chairman of audit committee since January 2007. Since 2004, Mr. Gurnee has served on the audit and the compensation committees of eLong Inc. Since December 2007 Mr. Gurnee has been a member of the board of directors of Xinyuan Real Estate Co., Ltd. and was a member of its audit committee until February 2009. Mr. Gurnee has been the chief financial officer of Xinyuan Real Estate Co., Ltd. since February 2009 and was the chief financial officer of GEM Services Inc. from 2006 until December 2008. Mr. Gurnee was the president of Globitech Inc. from 2001 to 2005. From January 2000 until December 2000, he served as the chief financial officer of Sohu.com, and served on Sohu.com’s board of directors and the audit committee until 2005. Prior to joining Sohu.com, Mr. Gurnee held several senior positions with Chartered Semiconductor Manufacturing Ltd., including president (North America), chief operating officer (Singapore) and chief financial officer (Singapore). Mr. Gurnee also spent thirteen years with Schlumberger Ltd. in various senior finance positions. Mr. Gurnee received a Bachelor of Arts degree from Stanford University and an MBA degree from Santa Clara University.
Xue, Zuyun Mr. Zuyun Xue has served as an Independent Director of Longtop Financial Technologies Limited and member of audit committee, since October 2007. Mr. Xue was an independent director of CNOOC Chemical Ltd. from 2002 to 2004, and has been an independent director of Maoming Petro-Chemical ShiHua Co., Ltd. and Zhejiang WHWH Industry Co., Ltd. since 2004 and 2007, respectively. Mr. Xue has been a professor of accounting department of Xiamen University of China since 2001. Prior to becoming a professor, Mr. Xue had worked as an auditing manager in Xiamen Tianjian Certified Public Accountants Firm, financial director of CYDF Investment Development Center and China Fortune Security Brokerage Co., Ltd., and president of Golden Palm Travel Investment Co., Ltd. Mr. Xue received his doctoral degree in management (accounting) and master degree in accounting from Xiamen University.
Shen, Yifeng Mr. Yifeng Shen has served as an Independent Director of Longtop Financial Technologies Limited and member of audit committee since October 2008. Mr. Shen is a Doctoral Tutor and Professor of Finance, Vice President and Director of the School of Management of the MBA Center at Xiamen University in Xiamen, China. Mr. Shen was a lecturer at the Business Administration Education Center, or MBA Center, of Xiamen University between 1992 and 1995 and was an Associate Professor and Deputy Director of the MBA Center between 1995 and 1999. Mr. Shen was also a visiting scholar at the University of Oregon between 1996 and 1997, at the Corcordian University in Canada in the summer of 1999 and at University of Newcastle in United Kingdom in the summer of 2000. Mr. Shen received his doctoral degree in management from Xiamen University and an MBA degree from Saint Mary’s University of Canada.

Basic Compensation

Name Fiscal Year Total
Ka, Hiu Kung --
Lin, Wai Chau --
Palaschuk, Derek --
Chen, Yinhua --
Gurnee, Thomas --
Xue, Zuyun --
Shen, Yifeng --
As Of 

Options Compensation

Name Options Value
Ka, Hiu Kung 0 0
Lin, Wai Chau 0 0
Palaschuk, Derek 0 0
Chen, Yinhua 0 0
Gurnee, Thomas 0 0
Xue, Zuyun 0 0
Shen, Yifeng 0 0

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