People: Xueda Education Group (XUE)

XUE on New York Consolidated

3.29USD
21 May 2013
Price Change (% chg)

$-0.08 (-2.37%)
Prev Close
$3.50
Open
$3.33
Day's High
$3.33
Day's Low
$3.28
Volume
24,962
Avg. Vol
40,786
52-wk High
$4.16
52-wk Low
$2.30

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Summary

Name Age Since Current Position

Rubin Li

 34 2001 Chairman of the Board, Co-President

Xin Jin

 35 President, Chief Executive Officer, Director

Christine Lu-Wong

 43 2012 Chief Financial Officer

Qiang Deng

 44 2007 Vice President

Wei Zhang

 53 2008 Vice President

Cheung Lun Cheung

 38 2010 Director

William Hsu

 46 2011 Director

Jinbo Yao

 35 2001 Director

Cheung Kin Au-Yueng

 63 2011 Independent Director

Xiaosheng Shao

 56 2010 Independent Director

Yafei Wang

 57 2011 Independent Director
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Biographies

Name Description

Rubin Li

 Mr. Rubin Li is Chairman of the Board, Co-President of Xueda Education Group since 2001. Prior to founding the company, from 2000 to 2001, Mr. Li was a computer engineer of Tsinghua Tong Fang Co., Ltd., a corporation listed on the Shanghai Securities Exchange in the PRC. Mr. Li received his bachelor’s degree in thermal energy and engineering from the University of Science and Technology Beijing in China in 2000. He completed his studies in master’s courses in educational economics and management at Beijing Normal University in China from 2006 to 2008.

Xin Jin

 Mr. Xin Jin is President, Chief Executive Officer, Director of Xueda Education Group. Since 2002, Mr. Jin has served in various other managerial positions at the company, including general manager and co-president. Prior to founding the company, he served as a marketing director and product director of www.net.cn, a China-based Internet application service provider from 1999 to 2002. Mr. Jin received his bachelor’s degree in economics and business from the Capital University of Economics and Business in China in 1999.

Christine Lu-Wong

 Ms. Christine Lu-Wong has been appointed as Chief Financial Officer of Xueda Education Group, effective November 26, 2012. Ms. Lu-Wong has over 19 years of finance and management experience with multinational corporations, public accounting firms and US-listed Chinese enterprises. Her broad professional experience covers financial planning and reporting, accounting, internal controls, M&A, tax and capital raising. Before joining Xueda, Ms. Lu-Wong was CFO of NASDAQ-listed Pactera Technology International Ltd (formerly, HiSoft Technology International Limited), a global consulting and technology services provider. Prior to that, from 2007 to 2009, she was vice president of finance at NYSE-listed WuXi PharmaTech Inc., a China-based research and development outsourcing company. Ms. Lu-Wong previously also held various positions at global companies, including Hewlett-Packard Company, Sun Microsystems, Inc. and PricewaterhouseCoopers. She received a bachelor's degree in international trade and economics from Guangdong University of Foreign Studies, and an M.B.A. in Accounting from Golden Gate University. Ms. Lu-Wong is a Certified Public Accountant in the State of California.

Qiang Deng

 Mr. Qiang Deng is Vice President of Xueda Education Group since 2007. He joined the company in 2005. From 2001 to 2005, Mr. Deng worked in various managerial positions at long distance learning companies including Peking University-Affiliated Schools Lianxiang Long-distance Education Co., Ltd. and Internet School of Beijing No. 4 High School. From 1998 to 2001, Mr. Deng served as the director for www.chinaedu.com. From 1996 to 1998, he served as a physics teacher at Beijing Huicai Private School. From 1990 to 1996, he worked as a sales manager at Huahai Computer Co., Ltd. Mr. Deng received his bachelor’s degree in mechanical engineering from Beijing University of Civil Engineering and Architecture in 1990 and completed the master’s courses in developing and educational psychology in the Beijing Normal University in 2008.

Wei Zhang

 Ms. Wei Zhang is Vice President of Xueda Education Group since 2008. Prior to joining the company in 2006, Ms. Zhang served as a vice president and director of the education management department of Shanxi Dongda Enterprise Group from 2003 to 2005. From 2000 to 2003, she served as a vice president of Sichuan Enlide Education Group. From 1998 to 2000, Ms. Zhang served as a teaching director and the principal of Shanxi Dongda School. From 1982 to 1998, Ms. Zhang worked with schools affiliated with the Third Engineering Bureau of the Ministry of Railway of the PRC in various capacities, including as a teacher, teaching director, and educational research and development director. Ms. Zhang graduated from Hegang Teachers’ College in Heilongjiang, China in 1979 and also studied at the biology department of Harbin Normal University in China in 1981.

Cheung Lun Cheung

 Mr. Cheung Lun Cheng is a Director of Xueda Education Group since 2010. Mr. Cheng is a managing director in the China group at Warburg Pincus LLC, which he joined in 2000. Mr. Cheng is also a director for a number of other private companies. Prior to joining Warburg Pincus Asia LLC, Mr. Cheng worked for the capital markets and investment banking divisions of Salomon Smith Barney and Bankers Trust in Hong Kong. Mr. Cheng received his bachelor’s degree in economics from Harvard University in the United States in 1996.

William Hsu

 Mr. William Hsu has been appointed as a Director of Xueda Education Group., since June 2011. Mr. Hsu is a general partner at CDH Venture Partners. Prior to joining CDH Venture Partners in 2007, Mr. Hsu was a senior vice president at GIC Special Investments Pte. Ltd., the private equity arm of the Government of Singapore Investment Corporation, from 1996 to 2006. Mr. Hsu worked in the Singapore, Hong Kong and Beijing offices of GIC Special Investments Pte. Ltd., where he focused his investment activities on the Greater China market and played an instrumental role in a number of investments, covering a wide range of sectors, such as semiconductor, electronics, software, financial services, industrial and consumer products. Mr. Hsu has over 10 years of investment experience in both venture capital and traditional business sectors in China. Mr. Hsu received his bachelor’s and master’s degrees in engineering from University of California, Berkeley in the United States in 1986 and 1989, respectively.

Jinbo Yao

 Mr. Jinbo Yao is Director of Xueda Education Group since 2001. Mr. Yao currently also serves as chief executive officer of www.58.com, a China-based classified information website founded by him in 2005. From 2000 to 2005, Mr. Yao served as product manager, chief director and vice president of marketing at www.net.cn, a China-based Internet application service provider. Prior to that, in 2000, Mr. Yao founded www.domain.cn, which was subsequently acquired by www.net.cn. Mr. Yao received his bachelor’s degree in computer science and chemistry from the Ocean University of China in Qingdao, China in 1999.

Cheung Kin Au-Yueng

 Mr. Cheung Kin Au-Yueng has been appointed as an Independent Director of Xueda Education Group since October 2011. Mr. Au-Yueng has been an executive director of various companies in the Morningside Group, a privately-owned investment company, since late 1996. He has more than 30 years of general management experience gained through working with Morningside Group and several other multi-national companies. Prior to joining Morningside, he had been serving as head of Gillette’s operations in China for five years. While with Morningside, Mr. Au-Yueng has been overseeing the operations of the Morningside Group and its portfolio companies in China. He had served on the board of directors of a portfolio company listed on the Growth Enterprise Market of the Hong Kong Stock Exchange for over four years and had also been seconded to a company listed on NASDAQ as chief operating officer for about half year. He is currently a director of The9 Limited a NASDAQ-listed company. Mr. Au-Yueng holds a master’s degree in physics and an MBA degree from Indiana University.

Xiaosheng Shao

 Mr. Xiaosheng Shao is an Independent Director of Xueda Education Group and chairman of the audit committee of Xueda Education Group since 2010. Mr. Sean Shao currently serves as (i) independent director and chairman of the audit committee of China Biologic Products, Inc., a biopharmaceutical company listed on NASDAQ, since July 2008 and Yongye International, Inc., a Chinese agricultural company listed on NASDAQ, since April 2009; (ii) independent director and chairman of the compensation committee of AsiaInfo-Linkage, Inc., a Chinese telecom software solutions provider listed on NASDAQ, since July 2010 (iii) independent director and chairman of the nominating committee of Agria Corporation, a Chinese agricultural company listed on NYSE, since November 2008; and (iv) independent director and chairman of the audit committee and compensation committee of China Nuokang Bio-Pharmaceutical, Inc., a biopharmaceutical company listed on NASDAQ, since September 2008. He served as the chief financial officer of Trina Solar Limited from 2006 to 2008. In addition, Mr. Shao served from 2004 to 2006 as the chief financial officer of ChinaEdu Corporation, an educational service provider, and of Watchdata Technologies Ltd., a Chinese security software company. Prior to that, Mr. Shao worked at Deloitte Touche Tohmatsu CPA Ltd. for approximately a decade. Mr. Shao received his master’s degree in health care administration from the University of California at Los Angeles in 1988 and his bachelor’s degree in art from East China Normal University in 1982. Mr. Shao is a member of the American Institute of Certified Public Accountants.

Yafei Wang

 Ms. Yafei Wang is an Independent Director of Xueda Education Group. She is Director since 2008 and was determined to be an independent director in February 2011. Ms. Wang has over 20 years of experience in management and corporate finance matters. She has been an associate professor of the Guanghua School of Management of Peking University since 1995 and an independent director of Li Ning Company Limited since 2002. Ms. Wang received her MBA degree from Lancaster University Management School in the United Kingdom in 1990 and her bachelor’s degree in international politics from Fudan University in China in 1981. From 1985 to 1986, Ms. Wang was a visiting scholar at the University of Maryland, College Park in the United States.

Basic Compensation

Name Fiscal Year Total

Rubin Li

 --

Xin Jin

 --

Christine Lu-Wong

 --

Qiang Deng

 --

Wei Zhang

 --

Cheung Lun Cheung

 --

William Hsu

 --

Jinbo Yao

 --

Cheung Kin Au-Yueng

 --

Xiaosheng Shao

 --

Yafei Wang

 --
As Of 

Options Compensation

Name Options Value

Rubin Li

 0 0

Xin Jin

 0 0

Christine Lu-Wong

 0 0

Qiang Deng

 0 0

Wei Zhang

 0 0

Cheung Lun Cheung

 0 0

William Hsu

 0 0

Jinbo Yao

 0 0

Cheung Kin Au-Yueng

 0 0

Xiaosheng Shao

 0 0

Yafei Wang

 0 0

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