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

Is The Lenovo Yoga Book The Most Innovative Windows LapLet

By: Rob Enderle    12/9/2016

Sometimes you run into a product that redefines a segment. In cars it was things like the 240Z and Miata, in Smartphones the BlackBerry and then the i…

Read More

From Forecast to Fact: The Top Security Threats and Targets of 2016

By: Special Guest    12/9/2016

In early 2016, we shared our predictions of key security threats likely to hit us this year. As predicted, cyber espionage, ransomware, insider threat…

Read More

Pebble Drops Race, Moves to Fitbit

By: Steve Anderson    12/8/2016

Pebble offers confirmation that it's pulling up stakes in the wearable tech race, and moving lock, devs and software to Fitbit.

Read More

SoftBank CEO Cozies Up to Trump

By: Paula Bernier    12/7/2016

SoftBank Group founder and CEO Masayoshi Son, who is also Sprint's chairman, told President-elect Donald Trump he wants to create 50,000 new U.S. jobs…

Read More

Predicting the FCC's Path Forward Under President-Elect Donald Trump

By: Special Guest    12/6/2016

President-elect Donald J. Trump will become the 45th President of the United States of America on January 20, 2017. Many in the tech, media and teleco…

Read More