iQIYI Names SVP Ying Zeng Interim CFO After Jan. 20 Resignation
iQIYI’s CFO Jun Wang resigned on January 20 for personal reasons and will serve as an advisor until May 31. The company named SVP of Finance Ying Zeng, with IPO and financing experience since joining in 2017, as interim CFO after shares fell from $2.13 on January 28 to $1.96 by February 3.
1. CFO Resignation and Advisory Role
On January 20, Jun Wang stepped down as CFO of iQIYI for personal reasons but will continue advising the finance team through May 31. The move signals a temporary leadership gap during a critical period of financial planning.
2. Interim CFO Appointment
iQIYI promoted Ying Zeng, Senior Vice President of Finance since 2022 and a company veteran since 2017, to interim CFO. Zeng’s experience includes overseeing IPO-related financial strategies and multiple financing rounds.
3. Stock Performance Context
Shares declined from $2.13 on January 28 to $1.96 by February 3, reflecting investor uncertainty around the leadership change. The company is seeking a permanent CFO to stabilize market confidence.