iQIYI Announces Change in Executive Leadership
iQIYI (Nasdaq: IQ) announced a change in executive leadership on January 20, 2026.
Rhea-AI Summary
iQIYI (Nasdaq: IQ) announced a change in executive leadership on January 20, 2026. Chief Financial Officer Jun Wang resigned effective that day for personal reasons and will serve as an advisor through May 31, 2026 to support the transition. Senior Vice President of Finance Ying Zeng was appointed Interim Chief Financial Officer. The company said it will conduct an executive search for a permanent CFO. Management highlighted Jun Wang's role in strengthening the company’s capital structure and noted Ying Zeng’s prior involvement in the IPO and financing initiatives.
Positive
- Interim CFO Ying Zeng has IPO and financing experience
- Jun Wang will remain as advisor through May 31, 2026
- Internal promotion preserves leadership continuity during transition
- Company initiated executive search for permanent Chief Financial Officer
Negative
- Chief Financial Officer Jun Wang resigned effective January 20, 2026
- Interim appointment leaves permanent CFO role undetermined
Details
News Market Reaction – IQ
On Jan 20, the day this news came out, IQ closed 1.03% below the previous close.
Data tracked by StockTitan Argus for the Jan 20 session.
Key Figures
- Advisor role end date
- May 31, 2026
- End of Jun Wang’s advisory period after CFO resignation
- Join date at iQIYI
- February 2017
- Ying Zeng joined iQIYI
- SVP Finance since
- January 2022
- Ying Zeng’s tenure as Senior Vice President of Finance
- Baidu tenure start
- June 2011
- Start of Ying Zeng’s role at Baidu
- Baidu tenure end
- February 2017
- End of Ying Zeng’s role at Baidu
- eLong tenure start
- June 2003
- Start of Ying Zeng’s role at eLong
- eLong tenure end
- May 2011
- End of Ying Zeng’s role at eLong
- Master’s degree date
- June 2014
- Ying Zeng’s master’s in professional accounting from Peking University
Historical Context
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Revenue decline and shift to losses versus prior-year profitability.
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Launch of Season 2 of popular female-focused reality travel series.
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Announcement of Q3 2025 earnings release date and conference call.
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Expansion into IP-based experiences, merchandise, and theme parks.
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Double-digit revenue decline and swing to operating and net loss.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
ipo financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEIJING, Jan. 20, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that Mr. Jun Wang has resigned from his position as Chief Financial Officer, effective today, due to personal reasons. Concurrently, Ms. Ying Zeng, Senior Vice President of Finance, has been appointed as the Interim Chief Financial Officer of the Company. Mr. Jun Wang will continue on as an advisor to iQIYI to ensure a smooth transition, through May 31, 2026. The Company will conduct executive search of candidates for the Chief Financial Officer position.
“I am grateful to Jun for his dedicated service. Jun’s expertise and leadership have been instrumental in significantly strengthening our capital structure and establishing a more resilient financial foundation to support future value creation. On behalf of the Company and management team, I thank Jun for his invaluable contributions and wish him all the best. In addition, we will have Ms. Ying Zeng join our leadership team with her new role as the Company's Interim CFO. Her close involvement in the Company’s IPO and previous financing initiatives, along with her extensive experience in finance and deep familiarity with the business and management team, will be invaluable to the Company,” said Dr. Yu Gong, Director and Chief Executive Officer of the Company.
“It has been my honor to be part of the team, and I am proud of all that we have accomplished together. I am confident that under the leadership of the current management team, iQIYI will continue to unlock new opportunities and achieve greater milestones in the future,” said Mr. Jun Wang.
Ms. Ying Zeng joined iQIYI in February 2017 and has served as the Senior Vice President of Finance since January 2022. Prior to that, she served as the deputy director of budget control and financial analysis department of Baidu, Inc. from June 2011 to February 2017. From June 2003 to May 2011, she served as a financial manager of eLong, Inc. Ms. Zeng obtained a bachelor’s degree in accounting from Wuhan University of Technology in July 1999 and a master’s degree in professional accounting from Peking University in June 2014.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
For more information, please contact:
Investor Relations
iQIYI, Inc.
ir@qiyi.com
FAQ
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