, /PRNewswire/ -- (NYSE: NQ) ('' or the 'Company'), a leading global provider of mobile internet services, today announced the appointment of Mr. as its President and General Counsel effective as of .

The appointment of Mr. Chen, former independent director, to President and General Counsel necessitated a number of other changes to the Company's board of directors (the 'Board'). While Mr. remains as a director of the Board, he has resigned from his positions as a member of each of the audit committee, compensation committee and corporate governance and nominating committee of the Board. To fill in the vacancies, the Company has appointed Dr. as an independent director, the Chair of the audit committee and a member of each of the compensation committee and the corporate governance and nominating committee of the Board, effective as of .

Dr. Hu has served as a director and the chief financial officer of , a leading surgical device company in , since 2014. From 2011 to 2014, Dr. Hu worked as a vice president of , a recognized private equity firm in . Prior to that, Dr. Hu was a principal at from 2007 to 2010 and an associate director of Novartis Oncology from 2004 to 2007. Dr. Hu received an MBA degree from the , a Ph.D. degree in molecular and cell biology from the and a bachelor's degree from .

Mr. has served as the Company's director since . Mr. Chen is a -licensed attorney and is a counsel at . Before joining , Mr. Chen was the chief executive officer of , a biotechnology company based in from 2003 to 2005. Mr. Chen was an attorney at in from 1998 to 2003. Mr. Chen received a juris doctor degree and a master's degree in biochemistry from the and a bachelor's degree from .

In addition to the appointment of Dr. Hu, several other changes to the Board of Directors include the resignation of Mr. , Mr. and Mr. from their positions as directors of the Board, effective as of . Mr. Yao has also resigned as the Chair of the audit committee. Each of Mr. , Mr. and Mr. confirmed that his resignation did not result from any disagreement with the Company on any matter relating to the Company. Mr. remains as the chief financial officer of the Company.

'Justin has been an incredible asset to our Board of Directors and brings with him a wealth of knowledge and expertise that will serve us even better in his new role within the management team,' said Dr. , Chairman of . 'We are also pleased to welcome Dr. Hu as our newest independent director and recognize his vast experience and expertise. We express our gratitude to the service of Mr. Yao and Mr. Zhou, the outgoing members of our board, for their outstanding contribution and devotion.'

'We are thrilled to welcome to the management team of as our President and General Counsel,' said Mr. , Chief Executive Officer of NQ Mobile. 'His addition will strengthen our operation and help us stay focused on executing our plans for the future.'

After the effectiveness of the changes to the Board, the Company's Board will consist of seven directors, four of whom are independent directors.

About

(NYSE: NQ) is a leading global provider of mobile internet services. portfolio of offerings includes mobile game publishing platforms, mobile advertising platforms, mobile entertainment applications and platforms, mobile security and productivity applications and other mobile applications. For more information on , please visit http://www.nq.com.

INVESTOR RELATIONS:

Email: investors@nq.com
Phone: +1 469 310 5281
+86 10 6452 2017
Twitter: @NQMobileIR

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SOURCE

NQ Mobile Inc. issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2016 11:21:15 UTC

Original Document: http://ir.netqin.com/phoenix.zhtml?c=243152&p=irol-newsArticle&ID=2134626