Re­ports say Shanda COO quits; Tang gets key role

China Daily (USA) - - BUSINESS -

Zhu Jisheng has ap­par­ently re­signed from Shanda Games Ltd as chief op­er­at­ing of­fi­cer, ac­cord­ing to un­con­firmed re­ports. Mean­while, Shanda ap­pointed Tang Yan­wen as its chief pro­ducer in charge of nine ma­jor work­ing stu­dios. Zhu’s reported res­ig­na­tion fol­lowed a se­ries of man­age­ment changes within a year af­ter Shanda Games com­pleted its delist­ing last Novem­ber, fol­low­ing dif­fer­ences be­tween share­hold­ers. Shanda then trans­ferred its man­age­ment’s shares to hold­ing com­pa­nies of Yin­tai Group, in or­der to break away from the chaotic ri­valry on equities.

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