Acer CEO resigns as company hits rough patch

Business

It appears as though Acer founder Stan Shih will get his wish, as news of CEO Gianfranco Lanci’s resignation could mark the start of a much needed overhaul. Shih, who retired from the company in 2004, said on Tuesday that Acer is in need of an overhaul and a shift in focus from being a leader in the PC market to increasing profit margins. On Thursday, Acer announced that Lanci is resigning effective immediately, and company chairman J. T. Wang will step in as interim CEO until the company finds a suitable replacement. “The personal computer remains the core of our business,” said Wang in a statement. “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.” Wang continued, “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.”

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6 Comments
  • Anonymous

    OMG, so that’s what happened to Danny DeVito!!

    • http://www.youtube.com/watch?v=AR6HpRLyzMY Walter Sobchak

      Danny devito is going strong as shit on the funniest show on television, It’s Always Sunny in Philadelphia.

  • DB Couper

    Fuck me.. At least they see the light now.

  • Dex

    Trend has shifted and ACER didn’t respond to the market shift or didn’t see it coming.

  • Yash

    Acer has horrible PCs.
    They should focus on building quality products.

  • Anonymous

    Yay! And you guys still own me $600 for not honoring the warranty on the Acer M900.

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