SAN FRANCISCO, Feb. 17, 2016 /PRNewswire/ -- Cheetah Mobile
Inc., the world's leading mobile security and utility app
developer, today named Charles Fan
as its new Chief Technology Officer. Charles will lead the
global R&D activities for the company. Based out
of Silicon Valley, Charles
will also lead the creation of a major presence of Cheetah Mobile
in the U.S. Cheetah Mobile has a goal of growing the Silicon
Valley office into its second worldwide headquarters alongside Beijing.
Charles joins Cheetah Mobile from VMware, a leading cloud
computing company, where he served as Senior Vice President leading
its storage and big data businesses. Charles was also the
founder of VMware and EMC's China R&D Centers and grew them
from 0 to over 1,000 engineers within three years. Charles
started his career as an entrepreneur, co-founding file
virtualization startup Rainfinity, which was acquired by EMC in
2005. Charles is an expert in distributed systems, cloud
infrastructure and big data, holding a Ph.D. and M.S. in Electrical
Engineering from the California Institute of
Technology and a B.E. in Electrical Engineering
from Cooper Union.
A successful big data strategy is key to Cheetah Mobile's next
stage of growth. Cheetah Mobile will establish a major R&D
Center in Silicon Valley, to work
alongside engineers at other R&D Centers to execute the big
data strategy. This will allow Cheetah Mobile to better attract
worldwide talent and serve its more than 567 million mobile monthly
active users, 74% of which are outside of China. Cheetah
Mobile currently employs more than 1,400 R&D personnel around
the globe.
"I'm thrilled to join one of the fastest-growing mobile
companies in the world," said Cheetah Mobile CTO Charles Fan. "Cheetah Mobile has succeeded at
achieving a truly global footprint, and I'm excited to lead its
technology team as it continues its mission of making the mobile
experience speedier, simpler, and safer."
Cheetah Mobile President and former CTO Ming Xu is handing over the CTO role to Charles
in order to focus more on overall management of the company.
"We're delighted to welcome Charles to the Cheetah Mobile
family," said Ming Xu, President of
Cheetah Mobile. "I know our big data and R&D are in very
capable hands. I'm looking forward to going deeper with Cheetah
Mobile's management and product operations."
"Combining proven leadership and a deep insight into technology,
Charles is the perfect person to lead our technology team, and to
take our U.S. presence to the next level," said Sheng Fu, CEO of Cheetah Mobile. "China and the U.S. are the two centers of the
mobile Internet industry today. As one of the most successful
companies to develop business abroad in China's mobile internet industry, Cheetah
Mobile will ramp up our investments in both centers, especially the
U.S. market, to connect the global markets, as well as to deliver
innovations to our users around the world."
Cheetah Mobile first established its U.S. operations in early
2014. At present, the company has roughly 50 employees based in the
US, across three offices in San
Francisco, Silicon Valley, and New York. The company
expects to significantly expand its U.S. operations and hiring over
the next two years.
About Cheetah Mobile Inc.
Cheetah Mobile (NYSE: CMCM) is the world's leading mobile
security and utility app developer. Its flagship products include
Clean Master, the world's No. 1 cleaning app, and also CM Security,
the world's top anti-virus and privacy protection app.
Cheetah Mobile is also one of the top three mobile game
developers in the world, with its mobile game Piano Tiles 2 having
reached the No. 1 ranking in more than 150 countries globally on
both iOS and Android.
Its other mission-critical applications include Battery Doctor,
CM Locker, Photo Grid, and more. In June
2015, Cheetah Mobile introduced the Cheetah Ad Platform to
the global market.
As of September 30, 2015, Cheetah
Mobile had approximately 1.942 billion global installations and 567
million global mobile monthly active users. Five of Cheetah
Mobile's products have entered the top 40 in Google Play's global
top app charts.
Safe Harbor Statements
This press release contains forward-looking statements.
These statements, including management quotes and business outlook,
constitute forward-looking statements under the U.S. Private
Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates" and similar statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: Cheetah
Mobile's growth strategies; Cheetah Mobile's ability to retain and
increase its user base and expand its product and service
offerings; Cheetah Mobile's ability to monetize its platform;
Cheetah Mobile's future business development, financial condition
and results of operations; competition from companies in a number
of industries including internet companies that provide online
marketing services and internet value-added services; expected
changes in Cheetah Mobile's revenues and certain cost or expense
items; and general economic and business condition globally and in
China. Further information
regarding these and other risks is included in Cheetah Mobile's
filings with the U.S. Securities and Exchange Commission. Cheetah
Mobile does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under applicable law.
Press Contact
Josh Ong
+1.626.322.7241
press@cmcm.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/cheetah-mobile-names-charles-fan-as-chief-technology-officer-and-announces-plan-to-establish-major-silicon-valley-presence-300221263.html
SOURCE Cheetah Mobile