NQ Mobile Inc. announced that Mr. Omar Khan, current Co-Chief Executive Officer of the company, has decided to transition to an advisory role and step down in his capacity as Co-CEO and Director of the company, effective as of May 1, 2015. To help with a smooth transition, Mr. Khan will remain with the Company as an advisor through December 31, 2015. The board of directors has decided to appoint Mr. Zemin Xu, the current Co-CEO of the company, to take over as the company's Chief Executive Officer, effective as of May 1, 2015.