Board of directors at troubled computer manufacturer Acer have voted for the company’s founder Stan Shih as chairman and interim corporate president, effective immediately.
With immediate effect, Shih will serve as the company’s Chairman until the end of his term on the Board.
The latest move comes after both of the company’s CEO and chairman J.T. Wang and president Jim Wong resigned following thecompany’s poor performance.
Shih said that he would stand up and take the reign without salary as the situation that now faces Acer and his personal social responsibilities.
"I will honor and complete all the public affairs and event engagements that I have committed to, but I will also fully support Acer’s ICT device business and carry out the company transformation," Shih added.
"In addition, George Huang who is one of my co-founding partners of Acer will join with me and the management team to lead our company at this time."
In addition to the latest appointment, the Board has also settled to surrender the position of the CEO to the Chairman or President, which is expected to boost the firm’s decision making competence.
