Acer elects founder as new chairman in management shake-up

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    Technology News

    A shop attendant sits in an Acer booth in a computer mall in TaipeiBy Michael Gold TAIPEI (Reuters) – Ailing Taiwanese computer maker Acer Inc announced Thursday that it has elected founder Stan Shih as its new chairman after the company announced a restructuring plan earlier this month following several quarters of disappointing earnings. Current corporate president Jim Wong will step down. The role of CEO will be abolished with its duties transferred to the company chairman or president, the company said. “Both J.T. Wang and Jim Wong have committed to remain with Acer as advisors to ensure a smooth transition and transfer of the management team and to help the company back to stability,” the statement said, also noting that Shih will not take any salary for his new role.

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