Acer CEO and President Resigns After Second Straight Losing Quarter

From DailyTech: Gianfranco Lanci, the president and CEO of Acer has resigned from the company, effective immediately.

According to a press release dated today from Taiwan's leading PC supplier, Lanci had a different vision for the future direction of the company from Acer's board of directors. "They placed different levels of importance on scale, growth, customer value creation, brand position enhancement, and on resource allocation and methods of implementation," the statement said.

The two parties could not come to an agreement despite months of dialogue. Effective immediately, Acer Chairman J.T. Wang will fill in for Lanci in the interim.

"In this new ICT industry," Wang said, "Acer needs a period of time for adjustment. With the spirit of entrepreneurship, we will face new challenges and look to the future with confidence."

The company expressed appreciation for Lanci's "significant" contributions "toward Acer's growth," and wished him "all the best in his future endeavors."

The shakeup comes just two days after CENS.com reported that Acer founder Stan Shih urged the company to revamp its operations to focus on higher profit margins instead of PC-market domination.

View: Article @ Source Site