BEIJING, Dec. 11,
2024 /PRNewswire/ -- New Oriental Education &
Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU
/ 9901.SEHK), a provider of private educational services in
China, today announced that Dr.
John Zhuang Yang has tendered his
resignation as an independent director of the Company, effective on
December 16, 2024. Dr. Yang also
stepped down as a member of the audit committee, a member of the
compensation committee, and the chairperson of the nominating and
corporate governance committee on the same date.
The Company further announced the appointment of Dr. Yue Zhuge
as an independent director of the Company, effective on
December 16, 2024. Dr. Zhuge has also
been appointed as a member of the audit committee, a member of the
compensation committee, and the chairperson of the nominating and
corporate governance committee.
Dr. Yue Zhuge has served as a partner at NGP Capital since
June 2023 and as a founding partner
of QuarkStar since January 2022.
Prior to that, Dr. Zhuge was the General Manager and VP of R&D
at Hulu Beijing from May 2015 to
May 2021, where her team developed
key technologies in machine learning, AI, video, advertising,
search, and data science. Dr. Zhuge also served as the chief
executive officer and co-founder of Landscape Mobile from
May 2013 to May 2015. As a seasoned executive and
technologist, Dr. Zhuge has worked at Yahoo! and Microsoft during
the early years of her career. She served as a Board Member of
Trustees at Dulwich College Beijing and as a mentor for Schwarzman
Scholars at Tsinghua University. She studied in the computer
science department at Tsinghua University, and she received her
first master's degree in applied mathematics from Stony Brook
University, her second master's degree in computer science from
Stanford University, and her Ph.D. in
computer science from Stanford
University. Dr. Zhuge is the chief editor of the books
The Quest for Machine Learning and The Quest for Deep
Learning. She is also the author of the popular science book
Computational Thinking and two parenting books My Two
Boys: A Devil and an Angel and Growing Tree: A Guide for the
Future of Parenting.
According to the Company's current articles of association, Dr.
Zhuge will hold office as a director of the Company until the first
annual general meeting following her appointment, at which point
she will be eligible for re-election.
About New Oriental
New Oriental is a provider of private educational services in
China offering a wide range of
educational programs, services and products to a varied student
population throughout China. New
Oriental's program, service and product offerings mainly consist of
educational services and test preparation courses, private label
products and livestreaming e-commerce, overseas study consulting
services, and educational materials and distribution. New Oriental
is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively.
New Oriental's ADSs, each of which represents ten common shares,
are listed and traded on the NYSE. The Hong Kong-listed shares are fully
fungible with the ADSs listed on NYSE.
For more information about New Oriental, please visit
http://www.neworiental.org/english/.
Contacts
For investor and media inquiries, please contact:
Ms. Rita Fong
FTI Consulting
Tel: +852 3768 4548
Email: rita.fong@fticonsulting.com
Ms. Sisi Zhao
New Oriental Education & Technology Group Inc.
Tel: +86-10-6260-5568
Email: zhaosisi@xdf.cn
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SOURCE New Oriental Education and Technology Group Inc.
