Dangdang.com CFO Resigns

Chinese B2C e-commerce website Dangdang.com announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.

However, Yang will still work for the company during a three-month transitional period, and Dangdang.com will soon start looking for a new CFO.

Yang joined Dangdang.com in March 2010 and he led the company’s IPO in December 2010. With Yang’s contribution, Dangdang.com achieved financing of USD312 million during the IPO.

Public files showed that Yang graduated from Taiwan Fu Jen Catholic University. Prior to joining Dangdang.com, he worked for many well-known investment banks, including Morgan Stanley, Lehman Brothers, Sherwood, and Goldman Sachs.