Management Changes at Sina and UTStarcom
"Sina (...) said its CEO, Yan Wang, resigned, although he'll remain on the board as vice chairman. Charles Chao, formerly Sina's president and CFO, was named the new CEO. He'll remain president."
"Alameda-based UTStarcom Inc., the biggest supplier of wireless-telephone systems in China, said Chief Executive Officer Hong Lu will resign effective Dec. 31. Ying Wu, chief of China operations, will become CEO. Tom Toy, currently an independent director, will become chairman as of Jan. 1."