Board of Directors
The following members make up the 500.com Board of Directors.
Chairman of the Board of Directors
Mr. Xuedong Chen has served as Chairman of the Board since June 2019. Mr. Chen currently has served as Executive Vice President of Tsinghua Unigroup since April 2019. Prior to joining Tsinghua Unigroup, Mr. Chen was Co-President of the Mobile Business at Lenovo Group, President of China Mobile Business at Lenovo Group, President of Global Services at Lenovo Group, Senior Vice President and Executive Vice President of Sanpower Group in charge of the 3C Retail Business Group, and Senior Vice President of Meituan in charge of B2B Food Supply Chain Business. Mr. Chen received his bachelor’s and master’s degrees in Probability & Statistics from Beijing University in 1989 and 1992, respectively, and an EMBA degree from CEIBS in 2007.
Chief Executive Officer and Director
Mr. Zhengming Pan has served as 500.com’s President since May 2015. Mr. Pan previously served as President from August 2014. Prior to that, Mr. Pan served as 500.com’s Chief Financial Officer from April 2011 to August 2014. Mr. Pan served as a vice president at Deutsche Bank AG, Hong Kong Branch from 2007 to April 2011 and an attorney at Simpson Thacher & Bartlett LLP from 2003 to 2007. Mr. Pan received a Master of Law degree and a Juris Doctor degree from Columbia University Law School in 2001 and 2003, respectively, a Master of Law degree from the University of Edinburgh in 2000 and a bachelor’s degree in law from Fudan University in 1999.
Mr. Qian Sun has served as our director from October 21, 2013. Mr. Sun is a managing director of Sequoia Capital China, where he focuses on consumer and technology related investment. Prior to joining Sequoia Capital China in 2006, Mr. Sun worked at General Atlantic from 2003 to 2005, focusing on technology related growth investment in China. He also worked as a management consultant at Monitor Group in Hong Kong from 1997 to 1999. Mr. Sun received a BA degree in applied mathematics from Harvard College in 1997, an MBA from Harvard Business School and a J.D. from Harvard Law School in 2003.
Mr. Honghui Deng has served as an independent director for 500.com since May 2011. Mr. Deng has served as a fellow at the Innovation Creativity Capital Institute (IC2) of the University of Texas at Austin since 2010. He has taught as an EMBA/MBA professor at Peking University Guanghua School of Management since 2005. He has also taught as an assistant professor and associate professor at the School of Business of University of Nevada, Las Vegas since 2003. Mr. Deng was the founder and served as the chief executive officer of HHD Consulting Service LLC from 2003 to 2008. Mr. Deng has extensive consulting experiences for business firms on long-term strategy, finance and management. Mr. Deng received a bachelor’s degree in electronic engineering and business administration from the School of Electronic Engineering of Chongqing University in 1990 and 1994, and a Ph.D. degree in business administration from University of Texas at Austin in 2003.
Mr. Yu Wei has served as an independent director since the listing of the Company. Mr. Wei is the founder and director of Artix International Group Co., Ltd. Mr. Wei has served as vice president of China Railway Modern Logistics Technology Co., Ltd. since 2007 and vice president of Guiyang Longyuan Realestate Co., Ltd. since 2011. Mr. Wei has served as director in Guangxi Dirun Mining Industry Investment Co., Ltd. and Beijing Happy Forever Investment Management Co., Ltd. in 2011 and 2012, and has served as vice president of Guangzhou China Railway Taibo Real Estate Co., Ltd. since 2013. Mr. Wei graduated from Beijing Jiaotong University, Institute of Economics and Logistics in 1990, and received an EMBA degree from Cheung Kong Graduate School of Business in 2009.
Ms. Wong has been an Independent Director since November 2015 and is the President and Executive Director of Advanced Capital Limited, a financial and management consulting group providing advice and services to companies seeking IPOs and merger and acquisitions. Prior to that, she was the Vice President and Executive Director at Benefit Capital Limited, and was also previously the Chief Financial Officer of Shengda Holdings. Ms. Wong has an extensive history of directorship at listed companies. She was previously a Non-Executive Independent Director at China Public Procurement Limited (HK: 1094), a Non-Executive Independent Director at China Shengda Packaging Group, (NASDAQ: CPGI) and also a Non-Executive Independent Director at Hengxing Gold Holding Company Limited (HK: 2303). Ms. Wong was a founding member of the Hong Kong Independent Non-Executive Director Association, and received her Bachelor of Art in Economics from Xiamen University.
Mr. Bo Yu has served as 500.com’s director from January 20, 2017. Mr. Yu was the Company’s general counsel. Mr. Yu received a master’s degree in law from the University of Iowa, and a master’s degree in law and a bachelor’s degree in science from the University of Wuhan. Mr. Yu is admitted to the Bar of the State of Michigan.