Phoenix New Media was promoted to President Li Ya

DoNews July 10 News Phoenix New Media announced that the promotion of Li Ya as president of the company effective immediately. Prior to this appointment, Mr. Li Ya served as chief operating officer for more than eight years and from June 2006 to November 2010 served as the company's chief financial officer.

Li Ya has more than 20 years of experience in startups and public companies in the United States and in China, covering the fields of Internet, media, finance and telecommunications. Prior to joining Phoenix, Li Ya served as chief operating officer and chief financial officer of Techedge Corporation from 2004 to 2006, and served as president of Brighttech Telecommunications USA from 2002 to 2004.

Li Ya founded GlobalVillager Inc. in New York in 1995 as chief executive and was acquired by NASDAQ-listed Startec Global Communications Inc. in 2000.

From 1993 to 1999, Li Ya worked successively at Verizon Telecommunications Company, DLJ Securities and Exchange Department, Lehman Brothers Risk Management Department and Morgan Stanley as software engineer and Internet senior consultant. Li Ya is also the executive director of the U.S. Chamber of Commerce in China, the China Financial Association in the United States, and the U.S.-China Affairs Committee.

Li graduated from the University of Science and Technology of China with a master's degree in computer science from the University of Science and Technology of the United States of America with a Master's degree in Computer Science and later attended Wharton's senior management class in the next two years. (Finish)