CEO change for eLong
Laptop Battery eLong, Inc. is appointing Tom SooHoo as CEO of eLong, Inc. Former CEO Justin Tang is resigning to pursue private equity investment opportunities.
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Thinkpad Mr. Tang will remain as Chairman of the eLong Board of Directors. Mr. SooHoo's appointment as CEO was effective January 23, 2006.
According to the indictment, Jones would steal various IBM and Penguin computer servers from Verisign's warehouse in Virginia and sell them to Johnson. Johnson would then sell the servers to several individuals, who would sometimes place them for sale on eBay. As a result of this scheme, the indictment alleges that Jones and Johnson caused Verisign to lose more than $120, 000 worth of computer equipment. In the indictment, Jones and Johnson are charged in three counts with causing the interstate transportation of stolen property, namely IBM 330 and 335 servers, in violation of 18 U.S.C.
Microsoft ''Tom SooHoo brings extensive retailing, consumer marketing and general management experience to the eLong team, experience developed while in senior leadership roles at McDonald's China and Nike China. We're really excited to have him coming on board,'' said Barney Harford, member of the eLong Board of Directors and President of Expedia Asia Pacific, which owns 52 percent of eLong.
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Laptop Computers ''As eLong's founder, Justin Tang has had a dramatic impact on the travel industry in China. eLong has literally transformed the way Chinese travelers plan and purchase travel, empowering them in a way that was unimaginable ten years ago. We thank Justin for his contributions and look forward to continuing to work closely with him in his role as Chairman of the eLong Board of Directors,'' continued Harford.
laptop computers is driving strong sales for notebook computers, according to the latest quarterly sales figures from the research firm IDC, which reported a 37% computer sales for the second quarter, compared with a year earlier. In the U.S., laptop sales grew 17.7%, while sales of desktop computers and servers fell 4%. The New York Times ( 10), CNET ( 10)
Laptop Computer ''I am thrilled to be joining eLong at this exciting stage in the company's development,'' said Tom SooHoo.
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Desktop Computer ''eLong's current strength combined with our deep relationship with Expedia, the largest online travel company in the world, positions us extremely well to take advantage of the tremendous growth potential of the travel market in China. The opportunity ahead of us is immense.''
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