{"id":528753,"date":"2021-08-17T07:04:16","date_gmt":"2021-08-17T11:04:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gaotu-techedu-inc-announces-management-change\/"},"modified":"2021-08-17T07:04:16","modified_gmt":"2021-08-17T11:04:16","slug":"gaotu-techedu-inc-announces-management-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gaotu-techedu-inc-announces-management-change\/","title":{"rendered":"Gaotu Techedu Inc. Announces Management Change"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">BEIJING<\/span>, <span class=\"xn-chron\">Aug. 17, 2021<\/span> \/PRNewswire\/ &#8212; Gaotu Techedu Inc. (&#8220;Gaotu&#8221; or the &#8220;Company&#8221;) (NYSE: GOTU), a leading online large-class after-school tutoring service provider in <span class=\"xn-location\">China<\/span>, today announced that Mr. <span class=\"xn-person\">Wei Liu<\/span>, Vice President, has tendered his resignation for personal reasons. The resignation is effective on the same day.<\/p>\n<p>Mr. <span class=\"xn-person\">Larry Xiangdong Chen<\/span>, the Company&#8217;s founder, Chairman and CEO, commented, &#8220;On behalf of Gaotu, I would like to express my sincere gratitude to Wei for his dedication and valuable contribution to the Company through these past years. We respect his decision and sincerely wish Wei continued success in the future.&#8221;<\/p>\n<p>\n        <b>About Gaotu Techedu Inc.<\/b>\n      <\/p>\n<p>Gaotu is a technology-driven education company and online large-class after-school tutoring service provider in <span class=\"xn-location\">China<\/span>. The Company offers foreign language, professional and admission courses, and also offers K-12 courses covering all primary and secondary grades through the brand Gaotu K12. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in <span class=\"xn-location\">China<\/span>. Big data analytics permeates each aspect of the Company&#8217;s business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.<\/p>\n<p>For further information, please contact:<\/p>\n<p>Gaotu Techedu Inc.<br \/>Ms. <span class=\"xn-person\">Sandy Qin<\/span>, CFA, CMA<br \/>E-mail: <a target=\"_blank\" href=\"mailto:ir@gaotu.cn\" rel=\"nofollow noopener\">ir@gaotu.cn<\/a> \u00a0 <\/p>\n<p>Christensen<\/p>\n<p>In <span class=\"xn-location\">China<\/span><br \/>Ms. <span class=\"xn-person\">Vivian Wang<\/span><br \/>Phone: +852 2232 3978<br \/>E-mail: <a target=\"_blank\" href=\"mailto:gotu@christensenir.com\" rel=\"nofollow noopener\">gotu@christensenir.com<\/a> \u00a0 <\/p>\n<p>In US<br \/>Ms. <span class=\"xn-person\">Linda Bergkamp<\/span><br \/>Phone: +1-480-614-3004<br \/>Email: <a target=\"_blank\" href=\"mailto:lbergkamp@christensenir.com\" rel=\"nofollow noopener\">lbergkamp@christensenir.com<\/a>\u00a0\u00a0 <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN77535&amp;sd=2021-08-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/gaotu-techedu-inc-announces-management-change-301356534.html\">https:\/\/www.prnewswire.com\/news-releases\/gaotu-techedu-inc-announces-management-change-301356534.html<\/a><\/p>\n<p>SOURCE  Gaotu Techedu Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CN77535&amp;Transmission_Id=202108170700PR_NEWS_USPR_____CN77535&amp;DateId=20210817\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BEIJING, Aug. 17, 2021 \/PRNewswire\/ &#8212; Gaotu Techedu Inc. (&#8220;Gaotu&#8221; or the &#8220;Company&#8221;) (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, today announced that Mr. Wei Liu, Vice President, has tendered his resignation for personal reasons. The resignation is effective on the same day. Mr. Larry Xiangdong Chen, the Company&#8217;s founder, Chairman and CEO, commented, &#8220;On behalf of Gaotu, I would like to express my sincere gratitude to Wei for his dedication and valuable contribution to the Company through these past years. We respect his decision and sincerely wish Wei continued success in the future.&#8221; About Gaotu Techedu Inc. Gaotu is a technology-driven education company and online large-class after-school tutoring service provider in China. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gaotu-techedu-inc-announces-management-change\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Gaotu Techedu Inc. Announces Management Change&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-528753","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gaotu Techedu Inc. 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Mr. Larry Xiangdong Chen, the Company&#8217;s founder, Chairman and CEO, commented, &#8220;On behalf of Gaotu, I would like to express my sincere gratitude to Wei for his dedication and valuable contribution to the Company through these past years. We respect his decision and sincerely wish Wei continued success in the future.&#8221; About Gaotu Techedu Inc. Gaotu is a technology-driven education company and online large-class after-school tutoring service provider in China. &hellip; Continue reading &quot;Gaotu Techedu Inc. 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