Sogou Announces Management Change

• Published Month : Wednesday, 24 Jun 2020 03:00 pm

Mr. Joe Zhou said, "It has been a tremendous experience working at Sogou and witnessing the robust development of the business over the last several years. I believe the Company has built a strong foundation and financial position which will support the continued successful execution of its long-term growth strategies."

Sogou Inc., an innovator in search and China's internet industry, today announced that Mr. Joe Zhou has resigned from his position as the Company's Chief Financial Officer ("CFO") for personal reasons, effective June 30, 2020. The board of directors of the Company has appointed Ms. Fion Zhou as the Company's new CFO, effective July 7, 2020. Mr. Zhou will remain a consultant to Sogou until September 30, 2020, and he and Ms. Zhou will work together closely to ensure a smooth transition.

Ms. Zhou will bring to Sogou 14 years of financial and public company experience. She most recently served as CFO of Yidian Zixun, China's leading mobile news aggregator, where she led financial operations, strategic investment, capital raising and internal controls. Prior to this, Ms. Zhou was a finance director of Alibaba Group (NYSE: BABA) and also held senior finance roles at Viadeo S.A. and Concord Medical. Ms. Zhou started her career as an auditor at PricewaterhouseCoopers Zhong Tian. She received a Bachelor's degree in Financial Management from the University of International Business and Economics and an Executive MBA from HEC Paris. Ms. Zhou is a regular member of the American Institute of Certified Public Accountants and a Chartered Global Management Accountant.

Mr. Xiaochuan Wang, CEO of Sogou, commented, "On behalf of the management team, I want to express our sincere appreciation for Joe's contribution and dedication to Sogou over the past ten years. He has been instrumental in building very strong financial functions to support our business growth and leading our capital markets initiatives, including our IPO in 2017. We wish him continued success in his future endeavors. We are also very pleased to welcome Fion as our new CFO. I believe that her deep experience in finance and the capital markets will further strengthen the suite of capabilities of our management team, which will in turn help lead Sogou to the next stage of innovation, development and growth."

Mr. Joe Zhou said, "It has been a tremendous experience working at Sogou and witnessing the robust development of the business over the last several years. I believe the Company has built a strong foundation and financial position which will support the continued successful execution of its long-term growth strategies."