Acer sues former CEO for violating non-compete agreement

By on February 7, 2012 at 11:30 PM.

Acer sues former CEO for violating non-compete agreement

Acer has filed a lawsuit against its former chief executive officer Gianfranco Lanci for allegedly violating a non-compete agreement. Lanci left Acer last March after the company hit a rough patch and was recently named head of Lenovo’s operations in Europe, Africa and the Middle East. “We believe Mr. Lanci has clearly breached the terms of the non-compete agreement he entered into willingly . . . we believe we have a very robust case,” Acer said in a statement given to the Financial Times. The Financial Times notes that Acer has fallen from the second to the fourth largest computer maker in the world while Lenovo has seen recent success and has risen to the No.2 spot. More →

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Acer founder comments on former CEO’s move to Samsung

By on July 28, 2011 at 1:30 AM.

Acer founder comments on former CEO’s move to Samsung

On Tuesday, reports surfaced that Acer’s former chief executive officer Gianfranco Lanci has accepted a job at Samsung where he will lead the Korean company’s notebook business. Acer founder Stan Shih spoke with reporters during the ADOC 2.0 technology conference in Taipei on Wednesday and discussed the issue. While the move has yet to be confirmed by Samsung or Acer, Shih noted that it is common for executives to move between firms, especially for better gigs, and that the press should not be surprised. The calm remarks are a bit surprising as there is speculation that Lanci’s move could be a blow to Acer’s laptop business. Acer is currently the world’s No. 4 laptop manufacturer, trailed by Samsung in the No. 7 spot. More →

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Samsung taps ex-Acer CEO Gianfranco Lanci to boost notebook biz

By on July 25, 2011 at 7:40 PM.

Samsung taps ex-Acer CEO Gianfranco Lanci to boost notebook biz

Acer’s former chief executive Gianfranco Lanci may join Samsung to assist with building the Korean firm’s notebook business, DigiTimes reported on Monday. Gianfranco Lanci resigned from Acer in March of this year after the company hit a rough patch. Rumor has it Lanci’s attractive management expertise in European sales channels attracted both Dell and Samsung as suitors. DigiTimes said Lanci signed a one-year non-compete agreement with Acer when he left his executive role, however Samsung will reportedly work to negotiate that agreement if Lanci joins the company. Neither Acer nor Samsung have confirmed Lanci’s potential move. More →

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Acer CEO resigns as company hits rough patch

By on March 31, 2011 at 9:09 PM.

Acer CEO resigns as company hits rough patch

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.” More →

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