Acer’s next CEO steps down before he even starts

by Scarlett Madison November 21, 2013, 4:20 AM 1.6k Views

Just 15 days after CEO and Chairman JT Wang stepped down, the man set to replace him, Jim Wong, has also left the business.

Acer announces that its Board of Directors has elected the company founder, Stan Shih, as Chairman and interim Corporate President with immediate effect. Shih shall serve as Acer’s Chairman until the end of his term on the Board. Chairman & CEO J.T. Wang and Corporate President Jim Wong have both stepped down in light of the company’s recent performance. The Company will hand over the Corporate Presidency to the appropriate candidate as soon as possible.

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Written by Scarlett Madison

Scarlett Madison is a mom and a friend. She blogs for a living at Social News Watch but really prefers to read more than write. Find her on Twitter, Facebook, and Pinterest.