Hon Hai Liu Yangwei: The rotating CEO system has begun to be implemented

According to news from this site on April 17, in response to reports that Hon Hai will implement a rotating CEO system, Hon Hai Chairman Liu Yangwei said on April 17 that April has already begun. The object of rotation is the director of the business group and the general manager of the business group.

Liu Yangwei said that this time the rotating CEO is rotating within Hon Hai Company. That is, the parent company, excluding the three F subsidiaries (FII, FIH, FIT). We hope to implement this rotating CEO mechanism in Hon Hai Company. After it is solid, we will see whether it should be extended to other companies. Go to relevant companies.

The rotating CEO system is not common around the world, but analysts believe that this move can promote teamwork, prevent leadership from solidifying, and cultivate the next generation of talents.

This site noticed that Huawei launched a rotating CEO system in 2011, with three executives taking turns serving as acting CEO for a six-month term.

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