Thursday, March 31, 2011

Acer CEO changes abruptly

Gianfranco Lanci, Acer Inc. CEO. démmissioné has with immediate effect. In less diplomatic terms, one could say he was fired. Acer said that Mr. Lanci had different views from those of the majority of the executive committee and no consensus has been reached after months dialogues. The resignation also comes after two bad quarters for Acer.

Pending the appointment of a new CEO is JT Wang, Acer's chairman and CEO of Acer Group, which takes over. It seems to us to read in the statement of Mr. Wang Mr. Lanci has probably wanted to go too fast Acer to the market of smartphones and tablets. "The PC remains our core business. We have built a solid foundation on which we will continue to grow [...] We put a foot in the mobile market, where we will invest prudently to become a major player.

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