TAIPEI, June 18 Taiwan's Acer Inc on
Wednesday said it has appointed co-founder and board member
George Huang as new chairman, tasked with overseeing the
recovery of the PC maker's near-dominant position in a shrinking
The appointment was announced after Acer's annual general
investor meeting. It followed the retirement of co-founder Stan
Shih, who returned to the company in November to lead a
restructuring effort that welcomed a new chief executive and
chief financial officer.
The company also announced that they have invited Shih to
take the up the role of honorary chairman. At the meeting, Shih
said without elaborating that he would continue to participate
in Acer's reform.
(Reporting by Michael Gold; Editing by Christopher Cushing)