CHAO
Charles
President of Weibo
Organization: Weibo
Date of Birth: 10 November 1961
Age: 62 years old
Zodiac sign: Scorpio
Profession: President
Biography
Charles Chao is a Chinese American businessman who is the CEO and President of Sina Corp. and Weibo Corporation.
Education
Chao holds a B.A. in Journalism from Fudan University in Shanghai and a Master's in Professional Accounting from the McCombs School of Business at The University of Texas at Austin.
Career
Chao joined Sina in 1999 when the company was facing difficulties in its attempts to get a listing on the NASDAQ.[citation needed] He overcame this challenge by establishing Sina as a VIE (Variable Interest Entity) company, which cleared the way for a successful listing in the US.
Since then, he has served as Sina’s Chief Financial Officer (CFO), Chief Operating Officer (COO) and President in September 2005, and finally Chairman of the Board and CEO in 2011. He is the first Chairman and CEO in company’s history. In 2009, he helped launch Sina Weibo, which has gone on to achieve great success.
Chao has also made use of the Company’s platform to support public welfare undertakings in China. Currently, Sina is one of the largest venues for making donations and emergency fundraising and is one of the first internet companies to set up a charity and public welfare platform. Now, Sina has established Yang Fan Public Welfare Fund, which will enable the company to participate more effectively in charity and public welfare causes.
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