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Fortescue names Baidu president as director

Fortescue Metals Group Ltd. said Aug. 28 that current Baidu Inc. President Ya-Qin Zhang will join Fortescue as a nonexecutive director, effective Sept. 1.

Zhang, who has made significant contributions to the software and internet industry and was also an executive of Microsoft Corp. for 16 years, will retire from his position as president of Baidu in October.