Acer Chief Executive Steps Down
Acer Chief Executive Steps Down
Acer Chief Executive Officer Gianfranco Lanci has reportedly resigned his post following a major disagreement with the company's board of directors over what the company's future priorities should be. Despite several months of discussions aimed at narrowing the differences, Lanci was unable to come to an agreement with the board and thus handed in his resignation.
Acer chairman JT Wang will reportedly assume Lanci's position on a temporary basis. “The personal computer remains the core of our business,” Wang said in an official statement outlining the board's differences with Lanci. In addition to focusing on continued growth in the PC market, Wang said that Acer would be “ stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players.”
Lanci, who has served as Acer's top executive since 2008, was significantly in favor of expanding the company's business into the emerging mobile and tablet computer markets. Growth in these sectors has had a direct impact on sales of PCs. Acer's sales have resultingly dipped 10 percent in the first quarter of 2011, much worse than the 3 percent dip originally projected. Shares of the Taiwan-based company have dropped 18 percent in the four trading days since that announcement. The company began selling its first tablet computer last month and is expected to launch several more models in coming months.
Acer Chief Executive Officer Gianfranco Lanci has reportedly resigned his post following a major disagreement with the company's board of directors over what the company's future priorities should be. Despite several months of discussions aimed at narrowing the differences, Lanci was unable to come to an agreement with the board and thus handed in his resignation.
Acer chairman JT Wang will reportedly assume Lanci's position on a temporary basis. “The personal computer remains the core of our business,” Wang said in an official statement outlining the board's differences with Lanci. In addition to focusing on continued growth in the PC market, Wang said that Acer would be “ stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players.”
Lanci, who has served as Acer's top executive since 2008, was significantly in favor of expanding the company's business into the emerging mobile and tablet computer markets. Growth in these sectors has had a direct impact on sales of PCs. Acer's sales have resultingly dipped 10 percent in the first quarter of 2011, much worse than the 3 percent dip originally projected. Shares of the Taiwan-based company have dropped 18 percent in the four trading days since that announcement. The company began selling its first tablet computer last month and is expected to launch several more models in coming months.
Comments
Top Stories
Latest DT's
-
1 month ago by Geno -
1 month ago by dallaseste
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
2 months ago by dallaseste
Top Authors
Subscribe
Games
Alias
3 Foot Ninja 2
ALIAS 2
Air Dodge
Battle Tanks
Bomber Bob
Cable Capers
Gem Mania
Hacker
Hostile Skies
Mission Mars
Bowling
Samurai Warrior
The Pharoh's Tomb
Monkey Lander
Muay Thai
Action
Donkey Kong Banana Barrage
501 Dart Challenge
Rooftop Skater
Zelda
Donkey Kong
Xtreme Pinball
Tetris
Connect 4
Battleships
Frogger
Penguin Push
Online Video Poker
Spank The Monkey
Mob Pay Back
Dealer
Yeti Sports Seal Bounce
Hold Your Drink Steady
Solitaire
Canyon Glider
3D Sudoku
Metal Slug Rampage
Street Fighter II
Flashman
Disc Golf
Table Tennis
Ninja Air Combat
Celebrity Hitman Terrorist Alert
Spider Solitaire
Tubin
Presidential Knockout
Global Player
Ma Balls
Baseball
Beckham Fit
0 Comments
Click here to sign up now.