7hirst dot Com

Baidu, the leading internet search engine in China, lost Shawn Wang, its Chief Financial Officer in a Christmas holiday vacation in China. Shawn Wang lead the company into a successful breach into NASDAQ in August 2005 and has the glory of of making Baidu the first China company to be included in the index.

“We are all completely shocked and deeply saddened by this tragic news,” said Robin Li, Baidu’s Chairman and CEO. “Shawn’s leadership and vision helped transform Baidu into a leading US public company, and his presence will be greatly missed. Shawn was not only a tremendous leader within our company, but also a wonderful friend to us all. We extend our deepest sympathy and most sincere condolences to Shawn’s family.”

Shawn Wang’s lost to Baidu is a pretty bad hit for the company as stocks starts to plummet right after the news of his death. However, people will remember him as the “CFO of the Year” by CFO Magazine in 2005.

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• Baidu Gets Inclusion In Chinese Firefox