Unwilling to change its phones, HTC changes CEO instead
On the brink of its biggest product launch of the year, HTC has delivered the unexpected news that it’s appointing a new Chief Executive Officer. Peter Chou, who had filled the role since 2005 and led HTC’s rise from an anonymous contract manufacturer to a global smartphone brand, is being replaced by company co-founder Cher Wang.
Wang immediately becomes the focal point of all decision making at HTC, taking responsibility for broad corporate strategies as well as final product decisions. This marks the formalization of a handover of power that began in 2013 when Chou was said to be temporarily offloading operational duties to Wang in order to focus his attention on product development. Now that he’s being demoted, he can make heading…
Source:: The Verge
