Business

Focus Media Adds New CEO

Focus Media (FMCN) has appointed Dr. Tan Zhi, formerly president of Focus Media, as its new chief executive officer.

Daniel Wu, chief financial officer of Focus Media, said, "Dr. Tan combines the skill of a successful entrepreneur and experience in managing a large organization. During the past two years since his joining of Focus Media, Dr. Tan has made a tremendous contribution to the company in leading the effort in installing an effective management control and incentive system. His prior experience at large organizations such as Microsoft and UT Starcom will be invaluable for the long-term growth of Focus Media."

Jason Jiang, will remain as executive chairman of Focus Media and will continue to spend full-time at Focus Media and be in charge of Focus Media's Internet advertising, mobile handset advertising and other emerging new media opportunities.

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