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Baidu (NASDAQ:BIDU) realigns its four business units, separating sales into two departments;...

Jul. 08, 2011 9:25 AM ETBaidu, Inc. (BIDU) StockBIDUBy: David Yelle, SA News Editor

Baidu (NASDAQ:BIDU) realigns its four business units, separating sales into two departments; direct sales, to be headed by VP Wang Zhang, and product development under VP Xiang Hailong. In addition, the company appoints Wang Mengqiu as head of user products and technology, and Wang Jing as head of cloud computing and mobile products. Shares -3% premarket.

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