NQ Mobile Inc. announced certain management and board changes. Dr. Henry Lin has stepped down as Co-CEO and Chairman of the board as he is unable to perform his duties in this capacity due to personal reasons unrelated to the company. To succeed Dr. Lin and provide for an orderly transition, the board of directors has promoted NQ Mobile President Zemin Xu to the position of Co-CEO and board member.

He will work with current Co-CEO, Omar Khan. NQ Mobile's Co-Founder, COO and acting CFO, Dr. Vincent Wenyong Shi, has been appointed to assume Dr. Lin's duties as Chairman of the Board.