From PC World: After six months as Acer’s chairman, company co-founder Stan Shih plans to step down on June 18, saying he is satisfied with the PC maker’s new direction.
“The hope is that the company will soon break even and start making money again,” he said in an interview on Monday.
The company’s will appoint new board members in June, and the board will then select the new chairman.
Since November, Shih has been leading a major reorganization at the ailing Taiwanese PC maker. In that time, Acer has hired a new CEO, and plans to use software and services to help revive its business.
Financially, however, the company has been struggling to make a profit as the PC market continues its decline. Acer has been posting consecutive net losses and last November decided to cut employee numbers by 7 percent.
Despite the difficulties, Shih said Acer has stopped the financial bleeding, and gradually will restore public confidence in its business.
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