Acer CEO Calls it Quits

By Cindy Waxer April 01, 2011

Even months of negotiation couldn’t unite Acer Corp.’s board of directors and Gianfrano Lanci. The Taiwanese computer maker’s chief executive resigned today over irreconcilable differences on the company’s future. Acer Chairman J.T. Wang will succeed Lanci as chief executive as the company begins its search for a permanent replacement in the midst of many organizational and operational adjustments.

“On the company’s future development, Lanci held different views from a majority of the board members, and could not reach a consensus following several months’ of dialog. They placed different levels of importance on scale, growth, customer value creation, brand position enhancement, and on resource allocation and methods of implementation,” reads an Acer press release.

Acer commended Lanci for contributing “significantly toward Acer’s growth,” but maintains that it’s business-as-usual as at the world’s second-largest PC maker.  

All eyes will be on Acer and its plans for the future. The company’s strong laptop division has helped Acer sustain a top-three ranking among tech titans Hewlett-Packard and Dell. But as tablets grow in popularity, PC sales are slowly eroding.

In fact, while global PC shipments increased by 3.1 percent in the fourth quarter of 2010, they were shy of the consensus 4.8 percent growth forecast, according to a report by the research firm Gartner.

As a result, companies such as Acer that rely heavily on their PC and laptop sales are beginning to feel the pinch. The company experienced a tough fourth quarter, selling only 2.1 million PC units in Q4, down approximately 30 percent compared to the same quarter last year, according to Business Insider.

What’s worse, last October, the Consumer Electronics Association speculated that netbook sales would drop by 12 percent in 2010, after nearly doubling the year before. What that means for Acer is certainly something that won’t be decided upon by Lanci.




Edited by Janice McDuffee

TechZone360 Contributing Editor

SHARE THIS ARTICLE
Related Articles

The Sharing Economy Means Big Cash Ahead

By: Steve Anderson    5/27/2016

It might seem like a misnomer, as the "sharing economy" has previously been thought to mean "getting stuff for free". A new report from Juniper Resear…

Read More

The NFL and Twitter Just Put Fans in Charge of the Future of Sports Viewing

By: Special Guest    5/26/2016

Ask ten people you know what the last thing they viewed live was and eight of them will tell you, a sporting event. The others may cite the occasional…

Read More

10 Tech Tools to Get You Through 2016

By: Drew Hendricks    5/24/2016

A great example of how simple tech innovations can make even the smallest things in our lives a little easier, the Oombrella, developed by Wezzoo, is …

Read More

The Bigger Picture Behind Facebook's Bias Accusations

By: Special Guest    5/23/2016

Facebook recently followed up with a stern position that there was no biased manipulation of presented topics in its 'Trending Topics' section.

Read More

Tamiami Angel Fund II Adds 10th Company to Investment Roster

By: Steve Anderson    5/19/2016

The Tamiami Angel Fund II (T2) has been busy in recent months, adding a slate of new investment targets to its roster. T2 recently added one new opera…

Read More