#Singapore #Trip.com Group #Baidu #Rong Luo

Trip.com Group Announces Changes in Board Composition

On February 11, 2025, Trip.com Group Limited, a prominent player in the travel service industry, revealed significant changes to its board of directors. The company, known for providing a range of travel services including accommodation bookings, transportation ticketing, packaged tours, and corporate travel management, has welcomed a new director following the resignation of Junjie He, nominated by Baidu Inc.

Junjie He has stepped down from his position effective immediately, paving the way for Rong Luo, the Executive Vice President of Baidu, to take over as a director at Trip.com Group. This succession marks a notable transition in leadership that comes at a critical time as the company continues to expand in the travel market both in China and globally.

Background on Rong Luo

Rong Luo has a robust background in finance and management, particularly within tech companies. He has served as Baidu's Executive Vice President since October 2024 and previously held the post of Chief Financial Officer from November 2021 during a transformative period for the company. His experience also includes stints as CFO at TAL Education Group, a notable education services entity listed on NYSE, and at eLong Inc. His earlier career involved various financial management roles at Lenovo and Microsoft, further enhancing his extensive expertise in corporate finance.

Rong Luo holds an impressive academic portfolio, with bachelor's degrees in information management and economics from Peking University, a master's in management science and engineering from Tsinghua University, and a Ph.D. in management science, also from Peking University. His educational qualifications and significant industry experience are seen as valuable assets to the board of Trip.com Group.

The Future for Trip.com Group

Under its current articles of association, Mr. Luo's term as a director will continue until the first annual general meeting following his appointment. At that juncture, he will be eligible for re-election, providing continuity and stability to the board as the company navigates the complexities of the travel industry.

As a leading global travel platform, Trip.com Group stands out by integrating a wide array of travel products and services with its differentiated travel content. The company aims to enhance user experiences, facilitating seamless travel planning and bookings for users both in China and across the world. Its brands, including Ctrip, Qunar, Trip.com, and Skyscanner, align with the mission “to pursue the perfect trip for a better world.”

The travel industry is currently undergoing a dynamic transformation, spurred by changing consumer expectations and the increasing demand for flexible travel solutions. With Mr. Luo's strategic guidance, Trip.com Group is positioned to adapt and thrive in this evolving landscape.

Conclusion

The appointment of Rong Luo to the board of Trip.com Group is not just a change in personnel; it signifies the company's ongoing commitment to strengthen its leadership and enhance its market position as a one-stop travel service provider. As the company prepares for future innovations and expansions, the experience and vision that Mr. Luo brings will be instrumental in navigating the challenges and opportunities that lie ahead.