Reports say Shanda COO quits; Tang gets key role
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.