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

Acronis Survey Examines Importance of Digital Responsibility

By: Peter Bernstein    3/30/2015

Reader alert! This is no pre-April Fool's Day item. In fact, the organizers of World Backup Day have been careful to schedule their event for March 31…

Read More

Financial Services: Investing in Data Security Risk Mitigation

By: Ryan St Hilaire    3/30/2015

In the words of the late Peter Drucker, "What gets measured gets managed". This also holds true in today's cyber threat landscape.

Read More

Frame Brings CAD Windows Apps into the Cloud

By: Peter Bernstein    3/27/2015

CAD Windows apps can now be moved to the cloud thanks to Menlo Park, California-based startup Frame (formerly MainFrame2). This represents what is lik…

Read More

Facebook's Internet-for-All Drone Set to Take Flight

By: Tara Seals    3/27/2015

Internet for the billions of underserved around the globe continues to get closer to reality. The latest is Facebook's plan to trial a version of its …

Read More

Tech, Media & Entertainment: 4K TV, Live Sports & Sony's Vue

By: Bob Wallace    3/27/2015

With change a constant in the technology, media and entertainment (TME) sector, it should come as no surprise that this past week alone saw important …

Read More