Chiefs step aside in China

飞雪寒冰

Two of the most senior managers at Chinese state-owned enterprises resigned from their chief executive posts yesterday, the latest in a series of moves separating the roles of CEO and chairman.
中国国有企业两名最资深的经理人昨日辞去自己的首席执行官(CEO)职务，这是分隔CEO与董事长职务的一系列行动的最新动态。

At CNOOC, Fu Chengyu resigned but is keeping his role as chairman of the offshore oil and gas company, while Wang Jianzhou at China Mobile did likewise.
在海上油气开采公司中海油(CNOOC)，傅成玉辞去CEO一职，但保留董事长职务，而中国移动(China Mobile)的王建宙采取了类似行动。

飞雪寒冰

China’s State Owned Assets Supervision and Administration Commission, the body which oversees large state corporations, has been pushing companies to develop independent boards but has often met resistance.
负责监督大型国有企业的中国国资委一直在推动企业建立独立董事会，但在这方面往往遇到阻力。

However, over the past few years several companies have appointed new CEOs who are not chairman of the board.
不过，过去几年里，有多家企业任命了与董事长不是同一人的新CEO。

飞雪寒冰

These include China Development Bank, which appointed Jiang Chaoliang as president in 2008 while the bank’s head, Chen Yuan, became chairman.
这些企业包括国家开发银行(China Development Bank)，该行在2008年任命蒋超良为行长，当时原行长陈元出任董事长。

In May China Mobile Group created a board chaired by Mr Wang, who was also CEO of the company’s listed unit at the time. Yesterday Li Yue, formerly vice president, succeeded him as chief executive.
今年5月，中国移动集团组建了一个董事会，由王建宙担任董事长，当时他也是该公司上市部门的CEO。昨日，原副总经理李跃接替王建宙出任CEO。

飞雪寒冰

Mr Li, 51, takes over amid slower growth and sliding profitability in the Chinese telecoms sector. The widely expected move completes a reshuffle aimed at handing leadership to a new generation and improving corporate governance.
现年51岁的李跃接手之际，正值中国电信业增长放缓、盈利能力下滑。这一外界广泛预期的步骤完成了一场重组，其目的是将领导职责交予新一代经理人，并改进企业治理。

China Mobile, the market leader, reported 7 per cent growth in net profit for the second quarter.
作为市场领军企业的中国移动报告，第二季度净利润增长7%。

飞雪寒冰

At CNOOC, Mr Fu will be replaced by Yang Hua, currently president and chief financial officer, but will remain as chairman.
在中海油，接替傅成玉出任CEO的是原总裁和首席财务官杨华。傅成玉将继续留任董事长职务。

Mr Fu, 59, who has been CEO since 2003, spearheaded CNOOC’s failed bid for Unocal of the US and led the company through a period of rapid growth and overseas expansion. People close to the company suggested that the move was a normal progression, not necessarily linked to Sasac’s governance reform efforts.
现年59岁的傅成玉自2003年起担任CEO。他曾领导中海油对美国优尼科(Unocal)发起竞购，但没有成功。在他的领导下，中海油经历了一段快速增长和海外扩张时期。接近该公司的人士暗示，傅成玉交棒是一项正常进展，未必与国资委的治理改革努力有联系。

飞雪寒冰

Mr Yang, 48, has worked extensively overseas and is likely to continue the focus on international expansion. He was deeply involved in CNOOC’s listing in 2001, gained a master’s degree at the MIT Sloan School of Business and ran CNOOC’s operations in south-east Asia for several years.
现年48岁的杨华拥有大量海外工作经验，很可能会继续聚焦于海外扩张。他曾深入参与2001年中海油的上市行动，从美国麻省理工学院斯隆商学院(MIT Sloan School of Business)获得硕士学位，并曾在东南亚运营中海油业务数年。

Observers say the change in leadership was signalled in May, when Sasac announced five promotions within CNOOC.
观察人士表示，领导层变更的信号在5月就已发出，当时国资委宣布在中海油内部作出5项提拔。

飞雪寒冰

Mr Yang, 48, has worked extensively overseas and is likely to continue the focus on international expansion. He was deeply involved in CNOOC’s listing in 2001, gained a master’s degree at the MIT Sloan School of Business and ran CNOOC’s operations in south-east Asia for several years.
现年48岁的杨华拥有大量海外工作经验，很可能会继续聚焦于海外扩张。他曾深入参与2001年中海油的上市行动，从美国麻省理工学院斯隆商学院(MIT Sloan School of Business)获得硕士学位，并曾在东南亚运营中海油业务数年。

Observers say the change in leadership was signalled in May, when Sasac announced five promotions within CNOOC.
观察人士表示，领导层变更的信号在5月就已发出，当时国资委宣布在中海油内部作出5项提拔。