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Acer CEO and President Gianfranco Lanci resigns amid disagreement about company's future direction

Vlad Savov
March 31, 2011
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Acer's board and CEO don't seem to have been getting along too brilliantly lately and now the situation's come to a point with the resignation of one Mr. Gianfranco Lanci from the company's helm. In a press release just distributed, Acer points out that Lanci held different views from the majority of board members about the "importance on scale, growth, customer value creation, brand position enhancement, and on resource allocation and methods of implementation." Following a few months of discussions that failed to deliver a consensus, both parties have decided it's best to part ways. For now, things continue as normal with Acer's goal still being globalization of its product portfolio, whose centerpiece will remain the personal computer, according to Chairman JT Wang. He'll be the man to take over for Lanci while Acer seeks out a replacement for the outspoken Italian.


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Acer CEO and President Gianfranco Lanci resigns

With immediate effect

TAIPEI, TAIWAN (March 31, 2011) – Acer CEO and President Gianfranco Lanci has resigned from the company, with immediate effect. Acer Chairman J.T. Wang takes acting role in the interim. The company has commenced with the planning of organizational and operational adjustments for the sustainable future of Acer.

The resignation was approved at a meeting of Acer's Board of Directors today, and the company has communicated internally with its worldwide employees.

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.

The change does not affect current operations which are functioning as normal. Acer's strong management team of multi-nationals has been well-informed and is committed to overseeing and implementing the company strategies, as does the amicable company relations with industry partners persist. Acer will continue to push for globalization, follow its multi-brand and channel business model, develop competitive products and services, and foster closer relations with key vendors and channel partners.

Acer Chairman, J.T. Wang expresses, "The personal computer remains the core of our business. We have built up a strong foundation and will continue to expand within, especially in the commercial PC segment. In addition, we are stepping into the new mobile device market, where we will invest cautiously and aim to become one of the leading players."

"In this new ICT industry," continued Wang, "Acer needs a period of time for adjustment. With the spirit of entrepreneurship, we will face new challenges and look to the future with confidence."

In his role as President and CEO, Lanci has contributed significantly toward Acer's growth. The company expresses its true appreciation for Lanci's efforts and wishes him all the best in his future endeavours.
















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