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September 8, 2009

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Google New Managers Predict Growth

THE new managers of Google Inc's China arm expressed confidence yesterday the business can grow despite the departure of the high-profile executive credited with expanding its share of the competitive Chinese market.

Kai-Fu Lee, who led Google China for four years, announced his resignation last week to launch a venture to finance Chinese tech start-ups. His departure had prompted questions about how Google will fare in a market dominated by local rival Baidu Corp.

"We have prepared well to improve our sales, do things better and continue to serve our users and clients," said John Liu, a former chief of China sales who is taking over Lee's business duties, at a hastily arranged news conference. A second executive, Boon-Lock Yeo, director of Google's Shanghai engineering office, is to take over Lee's engineering responsibilities.
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