Yuanqing Yang

Chief Executive Officer at Lenovo Group Ltd.

Yuanqing Yang

Yuanqing Yang

Chief Executive Officer at Lenovo Group Ltd.

Overview
Career Highlights

Prognex
Lenovo Group Ltd.
Lenovo (United States), Inc.

RelSci Relationships

5636

Number of Boards

10

Birthday

11/1964

Age

54

Number of Awards

4

Estimated Net Worth

$1.25B

Contact Data
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Relationships
RelSci Relationships are individuals Yuanqing Yang likely has professional access to. A relationship does not necessarily indicate a personal connection.

Founder at Quantum Leaps Corp.

Relationship likelihood: Strong

Executive Director & President at Legend Holdings

Relationship likelihood: Strong

Co-Founder at Boyu Capital Investment Management Limited

Relationship likelihood: Strong

Limited Partner at Lead Edge Capital Management LLC

Relationship likelihood: Strong

Executive Director & Executive Vice President at Legend Holdings

Relationship likelihood: Strong

Founding Partner & Chairman at China Broadband Capital Partners LP

Relationship likelihood: Strong

Chairman of the Board, Chief Executive Officer, Co-Founder at Baidu

Relationship likelihood: Strong

Independent Non-Executive Director & Member of the Compensation Committee at Lenovo (United States), Inc.

Relationship likelihood: Strong

Partner at Coopers & Lybrand (Hong Kong)

Relationship likelihood: Strong

Founding Partner at TPG Capital, LP

Relationship likelihood: Strong

Paths to Yuanqing Yang
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Yuanqing Yang
Chief Executive Officer at Lenovo Group Ltd.
Education
Master's Degree in Computer Science
Class of 1988

The University of Science and Technology of China (USTC) is a national research university in Hefei, Anhui, China, under the direct leadership of the Chinese Academy of Sciences (CAS). It is a member of the C9 League formed by nine top universities in China. Founded in Beijing by the CAS in September 1958, it was moved to Hefei in the beginning of 1970 during the Cultural Revolution. The inception and mission of USTC was in response to the urgent need for the national economy, defense construction, and education in science and technology. It has been featured by its competence on scientific and technological research and expanded into humanities and management with a strong scientific and engineering emphasis. USTC has 12 schools, 27 departments, the Special Class for the Gifted Young, the Experimental Class for the Teaching Reform, the Graduate Schools (Hefei, Shanghai, Suzhou), the Software School, School of Network Education, and School of Continuing Education. In 2012 Institute of Advanced Technology of University of Science and Technology of China was founded.

Undergraduate Degree in Computer Science

Shanghai Jiao Tong University is a public research university located in Shanghai, China. Established in 1896 by an imperial edict issued by the Guangxu Emperor, the university is renowned as one of the oldest and most prestigious and selective universities in China.

Memberships
Member
Current

The participating CEOs lead companies that collectively employ more than five million people, generate more than $2 trillion in annual revenue, and represent 11 countries and a diverse group of industries.

Career History
Chief Executive Officer
1989 - Current

While the Lenovo brand came into existence only in 2004, the company has a much longer history. In 1984, Legend Holdings was formed with 25,000 RMB in a guard house in China. The company was incorporated in Hong Kong in 1988 and would grow to be the largest PC company in China. Legend Holdings changed its name to Lenovo in 2004 and, in 2005, acquired the former Personal Computer Division of IBM, the company that invented the PC industry in 1981. Today, Lenovo is a US$21 billion personal technology company and the world’s second-largest PC vendor. We have more than 26,000 employees in more than 60 countries serving customers in more than 160 countries. A global Fortune 500 company, we have headquarters in Beijing, China and Morrisville, North Carolina, U.S.; major research centers in Yokohama, Japan; Beijing, Shanghai and Shenzhen, China; and Morrisville; and we have manufacturing around the world from Greensboro, North Carolina and Monterrey, Mexico to India, China and Brazil. We create and build exceptionally engineered personal technology, but we are much more than a tech company. We are defining a new way of doing things as a next generation global company. We have our core strength in China, rapid growth in emerging markets and a unique global footprint. Lenovo builds on its dominant position in China to grow globally. The expansion from East to West— introducing our newest products in China and then spreading across the globe— is a new way of viewing the world, one we believe will be the way of the future. That means we are years ahead of the game in terms of understanding what it will take to win 5 or even 10 years from now. That focus on the future is based on a strong history of success that is driving results today. We have momentum. Long the leader in China with more than 30 percent market share in PCs, Lenovo is growing rapidly and winning market share in all parts of the world. Lenovo has realized strong, balanced growth while achieving a number of major breakthroughs. Achieving optimal balance in all that we do is Lenovo’s operating philosophy. This mindset encompasses every aspect of Lenovo’s business, from balancing leadership with consensus-building, to valuing both short- and long-term thinking. As a result, we have created a balanced business model and strategy that take maximum advantage of profit and investment across both core and new businesses. Lenovo has consistently outgrown the worldwide PC market in unit shipments and gained market share across all geographies, products and customer segments, making it the fastest growing of the four major PC companies in the world for two years running. We are the number one PC company in China and now in Japan. We are the number one PC company in the world for large business and the public sector. We have been the fastest growing major consumer PC brand on the planet in the past year. We make the fastest booting notebook in the world. It’s a ThinkPad—and in 18 years, 60 million of them have been sold. We make a smart phone in China and every day our app store there delivers more than 25,000 downloads. We have launched a family of tablets targeting both the consumer and commercial markets internationally. We’re growing in triple digits in the all-in-one market worldwide, funding an application developers’ movement in China, and growing our retail presence from Germany to Japan. Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. The company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services for customers who want technology that does more— because people have a lot more to do. Our product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations and a family of mobile internet devices, including tablets and smart phones. We have a long-term goal of becoming the leading personal technology company in the world. We aspire to achieve this goal by leading in three key areas: Personal Computers: Lead in PCs and be respected for our product innovation and quality. Convergence: Lead the industry with an ecosystem of devices, services, applications and content for people to seamlessly connect to people and Web content. Culture: Become recognized as one of the best, most trusted and most well-respected companies to work for and do business with. And we want to do it the right way— the Lenovo Way— with our own perspective, our own global point of view and our own commitment to building technology for people who view technology as a tool to accomplish great things. Our Values At Lenovo we view our culture as a critical asset as important as an effective business model. We call our culture the Lenovo Way, and at its most basic, that culture is reflected in the statement: We do what we say and own what we do. Our values serve as the foundation of our company and define who we are and how we work. Principal among them are: Serving Customers Trust and Integrity Teamwork Across Cultures Innovation and Entrepreneurial Spirit Our Heritage Lenovo came about as the result of the merger of two of the most storied companies in technology and business: Legend Holdings in China and IBM’s Personal Computing Division in the United States. The merger was heralded as a watershed event in global business with the potential for integrating two disparate cultures, languages, processes and markets. As a result, Lenovo embodies unique market possibilities in combining the best of East and West— joining North American and China-based technology players in the creation of a unified global personal technology leader with growing market positions in developed and emerging markets alike. Everyone at Lenovo takes great pride in our ability to attract top talent from diverse backgrounds, representing a broad collection of nationalities and languages. We view our differences and diversity as a source of strength in building a collaborative culture with one unified language and vision: to build the world’s most exceptionally engineered personal technology products and services.

Advisor
Current

WI Harper Group focuses on early- and expansion stage investments in companies with significant operations in China. The firm invests primarily in the information technology, medical technology, healthcare services and clean technology sectors. They seek to invest in technology-driven companies at early, early growth and expansion stages. WI Harper also looks for industry-leading companies with experienced management teams and high barriers to competitive entry. The firm seeks to achieve superior returns through medium-term (3 to 5 years) to long-term (5 to 8 years) investments. Investments range from $500,000 in early-stage companies to $8 million in expansion stage companies and from $10 million to $15 million over the life of a company.

Guest Professor
Current

The University of Science and Technology of China (USTC) is a national research university in Hefei, Anhui, China, under the direct leadership of the Chinese Academy of Sciences (CAS). It is a member of the C9 League formed by nine top universities in China. Founded in Beijing by the CAS in September 1958, it was moved to Hefei in the beginning of 1970 during the Cultural Revolution. The inception and mission of USTC was in response to the urgent need for the national economy, defense construction, and education in science and technology. It has been featured by its competence on scientific and technological research and expanded into humanities and management with a strong scientific and engineering emphasis. USTC has 12 schools, 27 departments, the Special Class for the Gifted Young, the Experimental Class for the Teaching Reform, the Graduate Schools (Hefei, Shanghai, Suzhou), the Software School, School of Network Education, and School of Continuing Education. In 2012 Institute of Advanced Technology of University of Science and Technology of China was founded.

Boards & Committees
Member, International Advisory Committee
Current

A leading global operator of financial markets and provider of innovative trading technologies, NYSE Euronext (NYX) is the holding company and the first cross-border exchange group created by the combination of NYSE Group, Inc. and Euronext N.V., on April 4, 2007. The Company’s exchanges located in Europe and the United States trade equities, futures, options, fixed-income, and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products) from more than 55 countries, NYSE Euronext's equities markets—the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca—represent one-third of the world's equities trading and the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, a leading European derivatives business and the world's second-largest derivatives business by value of trading, and NYSE Liffe U.S., which is a global, multi-asset class futures exchange. The U.S. Derivatives Clearing Organization, The New York Portfolio Clearing, LLC ( a joint venture of DTCC and NYSE Euronext) delivers unique capital efficiencies to the market. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies, the world's leading provider of end-to-end electronic trading solutions. NYSE Technologies’ flexible and scalable products deliver robust and integrated solutions, from single trading positions to complete exchange platforms. Its leading edge software, combined with high performance connectivity, provides the global trading community with innovative tools, access to liquidity and worldwide markets and third-party, value-added applications.

Director
Current
Member of the International Advisory Board
Prior

The Moscow School of Management SKOLKOVO is the largest private business school in Russia established in 2006, when a number of Russian and international business leaders joined their effort to create a next generation business school. It was founded by 18 Russian and exterior companies and individuals, all of which are recognized industry leaders in their fields: oil and gas industry, metal industry, energy sector, investment, banking and insurance.

Investments
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Public Holdings
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Awards & Honors
Rank #1500
2015
Forbes Magazine - The World's Billionaires
2014
Barron's Magazine - World's Best CEOs
2014
Edison Achievement Award
Events
Speaker
Chengdu, FU, China
2013 Fortune Global Forum

Since 1995, the Fortune Global Forum has convened world leaders and the heads of global business—the chairmen, presidents, and CEOs of the world’s largest companies—on the dynamic frontiers of international commerce. The most recent Fortune Global Forum was held in Chengdu, China, in June, 2013, bringing the most distinguished group of business leaders ever to visit Western China.

Attendee
Washington, DC, United States
2010 Wall Street Journal CEO Council Annual Meeting

Wall Street Journal’s annual CEO Council meeting released specific priorities that both government and business must address to restore global growth and to increase public confidence in business. The plans voted by CEO Council members as the top two priorities each focused on job creation – leading with a call to foster global trade, followed by a call for the president to encourage a competitive business environment and be an advocate for business in general. The CEO Council worked together in task force sessions charged with identifying and ranking the most urgent priorities. Leading subject-matter experts provided key perspectives and information for the discussion, which focused on five key topics: fresh approaches to energy and the environment, the future of global finance, creating sustainable jobs, restoring confidence in business and next step for healthcare.

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