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Biography

Peng Zhao (Chinese-American businessman) Bio, Facts. 

Peng Zhao
Born/Date of Birth: 1983
Place of Birth: Beijing, China
Education: Peking University, University of California, Berkeley, Beijing No. 8 High School
Occupation: Businessman
Employer: Citadel Securities
Title: CEO (2017-present)
Board member of Museum of Science & Industry in Chicago
Spouse(s): Cherry Chen
Peng Zhao (born 1983) is a Chinese-American businessman who is the CEO of Citadel Securities. Peng Zhao was born in Beijing, China.

Education
Zhao attended Peking University and earned a bachelor’s degree in applied mathematics in 2001. In 2006, he obtained his PhD degree in statistics from University of California, Berkeley.

Career
Peng Zhao was a summer associate at Lehman Brothers and served as a quantitative researcher at Evnine & Associates prior to joining Citadel.

Peng Zhao joined Citadel Securities in 2006 as a quantitative researcher.

In July 2016, Citadel Securities announced that then Microsoft COO, B. Kevin Turner, was joining the firm as CEO. At this time a new role, chief scientist, was created specifically for Peng Zhao who was then global head of market making. Five months after joining, Kevin Turner left Citadel Securities, and on January 27, 2017, at age 34, Peng Zhao was promoted to CEO.

In 2019, Zhao was named on Fortune's 40 Under 40 list.

Philanthropy
Zhao and his wife organized a 1 million surgical mask donation to Chicago's first responders during the coronavirus pandemic in 2020.

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Categories: Businesspeople from Beijing,Chinese hedge fund managers,Chinese chief executives,Peking University alumni,University of California, Berkeley alumni,1983 births,21st-century Chinese businesspeople