Acer CEO quits after strategy dispute

Acer CEO quits after strategy dispute

Summary: Gianfranco Lanci resigns with immediate effect following dispute with board members over company's future development, where he "held different views" from board members, Taiwanese PC maker says.

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Acer CEO and President Gianfranco Lanci has resigned with immediate effect following a dispute with board members over the Taiwanese company's future growth strategy.

The world's second-largest PC maker, Acer said in a statement Thursday that its current chairman, J.T. Wang, will step in as interim CEO.

"On the company's future development, Lanci held different views from a majority of the board members and could not reach a consensus following several months' of dialogue. [Both sides] placed different levels of importance on scale, growth, customer value creation, brand position enhancement, resource allocation and methods of implementation," said the company.

Lanci's resignation has been communicated to all Acer employees including its global management teams, the company revealed, adding that the change will not affect its current operations.

Wang said: "The PC remains the core of our business. We have built up a strong foundation and will continue to expand within, especially in the commercial PC segment. In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players.

"In this new ICT industry, 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," he said.

Under Lanci's leadership, Acer sidestepped Dell in 2009 to assume its position as the world's second-largest PC maker.

Born in Italy in 1954, he was appointed president in 2005 before he added on the CEO role in 2008. Lanci first joined Acer Italy as managing director in 1997, following the company's acquisition of Texas Instruments' notebook division.

Topics: Hardware, CXO, Emerging Tech, IT Employment

About

Eileen Yu began covering the IT industry when Asynchronous Transfer Mode was still hip and e-commerce was the new buzzword. Currently a freelance blogger and content specialist based in Singapore, she has over 16 years of industry experience with various publications including ZDNet, IDG, and Singapore Press Holdings.

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