Gaotu Techedu (NYSE: GOTU) promotes new COO as long-time CFO exits

Rhea-AI Filing Summary

Gaotu Techedu Inc. reported several senior management changes. Senior Vice President Bin Luo has been promoted to Chief Operating Officer, taking charge of operational strategy, systems and financial performance. Luo has led the company’s college student and adult education business since October 2023 and previously oversaw marketing, innovation incubation, AI and technology, and other support functions.

Chief Financial Officer Shannon Nan Shen has resigned for personal reasons, effective May 31, 2026, and will advise the company for three months to support a smooth transition. The company has assigned internal leaders to her responsibilities: Mike Buqing Xu, Head of Strategy, will oversee capital markets matters, and Willa Jia Yao, Senior Finance Director, will oversee financial reporting.

Positive

• None.

Negative

• Long‑tenured CFO resignation: Chief Financial Officer Shannon Nan Shen, who served about seven and a half years, is resigning effective May 31, 2026, creating a meaningful leadership change in Gaotu Techedu’s finance and capital markets function.

Insights

Equity analyst

CFO exit is a notable governance event, partly offset by internal successors.

The filing highlights a planned transition in the finance function. Long‑tenured CFO Shannon Nan Shen is resigning for personal reasons but will remain as an advisor for three months, which helps continuity during handover of capital markets and reporting duties.

Responsibility for capital markets shifts to Head of Strategy Mike Buqing Xu, while Senior Finance Director Willa Jia Yao takes over financial reporting. Both are internal leaders with relevant backgrounds, suggesting the company is relying on existing bench strength rather than external hires.

Separately, promotion of Bin Luo to Chief Operating Officer formalizes oversight of operations and financial performance. This may strengthen execution around AI‑driven education initiatives, but the actual impact will depend on how effectively the new leadership team manages operations and investor communication in upcoming reporting periods.

Key Figures

CFO resignation effective date: May 31, 2026 CFO advisory period: 3 months Luo SVP role start: October 2023 +4 more

7 metrics

CFO resignation effective date May 31, 2026 Effective date of Shannon Nan Shen’s resignation as CFO

CFO advisory period 3 months Advisory role duration after resignation for transition

Luo SVP role start October 2023 Start of Bin Luo’s role leading college and adult education

Xu tenure at Dima Group 2017 to 2024 Period as general manager of group strategy and innovation center

Xu bachelor’s degree year 2011 Tsinghua University bachelor’s degree completion year

Yao PwC tenure October 2012 to April 2020 Period as manager at PricewaterhouseCoopers

Yao MBA year 2024 MBA degree from Tsinghua University completion year

Key Terms

Chief Operating Officer, Chief Financial Officer, capital markets-related matters, financial reporting matters, +1 more

5 terms

Chief Operating Officer financial

"has been promoted to Chief Operating Officer and will be responsible for overseeing"

A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.

Chief Financial Officer financial

"has tendered her resignation from the position of Chief Financial Officer due to personal reasons"

A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.

capital markets-related matters financial

"Mr. Mike Buqing Xu, Head of Strategy, will oversee the Company’s capital markets-related matters"

financial reporting matters financial

"Ms. Willa Jia Yao, Senior Finance Director, will oversee the Company’s financial reporting matters"

Senior Vice President financial

"Mr. Bin Luo, Senior Vice President of the Company, has been promoted"

A senior vice president is a high-ranking executive within a company who oversees large parts of the organization and helps shape its overall strategy. They are often just below top leadership, making important decisions that can impact the company's success. For investors, this role indicates a person with significant responsibility and influence, which can affect the company's stability and growth prospects.

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FAQ

What management changes did Gaotu Techedu Inc. (GOTU) announce?

Gaotu Techedu announced that Senior Vice President Bin Luo has been promoted to Chief Operating Officer and that CFO Shannon Nan Shen will resign effective May 31, 2026. The company also reassigned capital markets and financial reporting responsibilities to internal leaders.

When will Gaotu Techedu’s CFO Shannon Nan Shen step down?

Shannon Nan Shen will resign as Chief Financial Officer effective May 31, 2026. She will remain as an advisor to Gaotu Techedu for three months after that date to support a smooth leadership transition in the company’s finance function.

Who will handle Gaotu Techedu’s capital markets and reporting after the CFO resigns?

After Shannon Nan Shen’s resignation, Head of Strategy Mike Buqing Xu will oversee capital markets-related matters and Senior Finance Director Willa Jia Yao will oversee financial reporting. Both are current Gaotu executives with prior leadership experience in strategy, internal audit, and finance.

What is Bin Luo’s new role at Gaotu Techedu Inc. (GOTU)?

Bin Luo has been promoted from Senior Vice President to Chief Operating Officer. He will oversee operational strategies, work on enhancing operational systems, and focus on improving Gaotu Techedu’s overall operational and financial performance across its AI‑driven education businesses.

How long has Shannon Nan Shen served as Gaotu Techedu’s CFO?

The company notes that Shannon Nan Shen has contributed over the past seven and a half years. During this period, she helped build a strong, disciplined financial management foundation and developed Gaotu Techedu’s finance infrastructure, talent pipeline, and long-term strategic financial capabilities.

What experience does Gaotu Techedu’s new COO Bin Luo bring?

Bin Luo joined Gaotu Techedu in 2014 at its inception and has extensive experience in education, AI technology, marketing, and user growth. He has led the college student and adult education business and successively overseen marketing, innovation initiatives, AI and technology, and other support departments.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

--------------

Commission File Number: 001-38923

----------

Gaotu Techedu Inc.

5F, Gientech Building, 17 East Zone,

10 Xibeiwang East Road

Haidian District, Beijing 100193

People’s Republic of China
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ___X____ Form 40-F _________

Exhibit Index

Exhibit 99.1—Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Gaotu Techedu Inc.
By	:	/s/ Larry Xiangdong Chen
Name	:	Larry Xiangdong Chen
Title	:	Chief Executive Officer

Date: May 13, 2026

Exhibit 99.1

Gaotu Techedu Inc. Announces Management Changes

Gaotu Techedu Inc. (the “Company”) (NYSE: GOTU), a leading technology-driven education company in China focused on enabling lifelong learning through AI-powered solutions, today announced certain changes to its senior management team.

Mr. Bin Luo, Senior Vice President of the Company, has been promoted to Chief Operating Officer and will be responsible for overseeing and executing the Company’s operational strategies and leading the overall enhancement of the Company’s operational systems and financial performance.

Mr. Luo has served as a Senior Vice President and the head of the Company’s college student and adult education business since October 2023. Since then, he successively took charge of marketing, incubation of innovation initiatives, AI and technology division, and other business support operational departments. Mr. Luo joined the Company in 2014 at its inception. He has extensive experience in education, AI technology, marketing, and user growth.

Ms. Shannon Nan Shen has tendered her resignation from the position of Chief Financial Officer due to personal reasons, effective May 31, 2026. Ms. Shen will continue to serve as an advisor to the Company for three months following her resignation to ensure a smooth transition.

Mr. Larry Xiangdong Chen, founder, chairman and chief executive officer of the Company commented, “We sincerely thank Shannon for her significant contributions over the past seven and a half years. As a key contributor to and driver of our long-term development, Shannon has helped elevate our financial management capabilities through her exceptional expertise and leadership, while also making a profound impact on talent development, organizational building, and long-term strategic planning. Under her leadership, the Company has established a strong, disciplined, and sustainable financial management foundation, while building our finance infrastructure with a strong talent pipeline, deep professional expertise, and outstanding execution capabilities. We are deeply grateful for Shannon’s contributions to our long-term development and wish her continued success in her future endeavors.”

The Company has identified talents within the organization to assume Ms. Shen’s responsibilities on capital markets and financial reporting after her departure. Mr. Mike Buqing Xu, Head of Strategy, will oversee the Company’s capital markets-related matters. Ms. Willa Jia Yao, Senior Finance Director, will oversee the Company’s financial reporting matters.

Mr. Xu joined the Company in March 2024 as Head of Strategy. Prior to joining the Company, Mr. Xu served as general manager of the group strategy and innovation center of Dima Group Holdings Co., Ltd. from 2017 to 2024, and worked at McKinsey & Company from 2011 to 2014 and from 2016 to 2017. Mr. Xu received his bachelor’s degree from Tsinghua University in 2011 and his MBA degree from the Wharton School of the University of Pennsylvania in 2016.

Ms. Yao joined the Company in April 2020 and has successively held leadership roles across multiple positions within the Internal Audit Department and the Finance Department since joining the Company. Prior to joining the Company, Ms. Yao served as a manager at PricewaterhouseCoopers from October 2012 to April 2020. Ms. Yao received her bachelor’s degrees in environmental engineering and business administration from Beijing Institute of Technology in 2012 and her MBA degree from Tsinghua University in 2024.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 11.0 KB