Acer co-founder, chairman Shih to leave PC maker in June
Says he's satisfied with the changes wrought at the PC maker in his six months as Chairman
IDG News Service - After six months as Acer's chairman, company co-founder Stan Shih plans to step down on June 18, saying he is satisfied with the PC maker's new direction.
"The hope is that the company will soon break even and start making money again," he said in an interview on Monday.
The company's will appoint new board members in June, and the board will then select the new chairman.
Since November, Shih has been leading a major reorganization at the ailing Taiwanese PC maker. In that time, Acer has hired a new CEO, and plans to use software and services to help revive its business.
Financially, however, the company has been struggling to make a profit as the PC market continues its decline. Acer has been posting consecutive net losses and last November decided to cut employee numbers by 7 percent.
Despite the difficulties, Shih said Acer has stopped the financial bleeding, and gradually will restore public confidence in its business.
"The media and investors had grown pessimistic. Everybody thought Acer will sooner or later fall apart," he said, while attending the Global Mobile Internet Conference in Beijing. "But I think within six months, our company's performance will give everyone some confidence in Acer," he added.
Even as Shih steps away from his role as chairman, he will continue to oversee Acer's "Build Your Own Cloud" business, a plan he helped develop.
As part of that strategy, future Acer products will offer private cloud storage, becoming "mini data centers" for consumers to save content, he said. Consumers can still choose to use public clouds from Dropbox, Google and Microsoft. But Acer wants to offer customers an additional choice to save information directly to their own devices, Shih said.
To generate revenue, Acer will add paid upgrades and enhancements to its private cloud services.
"By increasing our shipments of PCs, tablets, smartphones and wearables, we will build up a customer base for our cloud services," he said.
Acer plans to announce more details of its cloud strategy on May 29, including its hardware and software partners.
- Case Study: Intuit Turns to Self-Service IT Intuit empowered its users to resolve their own IT issues with a consumer-like experience to free IT to focus on more strategic initiatives....
- Automation for a Better Tomorrow Check out the five most common annoyances facing enterprise IT service desks today, and how automation can resolve all of them. Download the...
- Beyond the Enterprise App Store Leverage proactive, secure and automated IT Service delivery to move beyond the traditional App Store and empower your users. Read the white paper...
- Bridging the Gap Between Business and IT There's a growing gap between business users and IT services. Differences between what users want and what IT can provide are driving a...
- Expert Panel: Enterprise Mobility and Data Loss Prevention When it comes to enterprise mobility, it's not just about devices, it's about the way people work. Hear this expert panel discuss the...
- Princess Cruises collaborates across the globe in the IBM cloud Norm Ayers, Director of Emergency Response and Social Projects at Princess Cruises explains how IBM and Cloud helped the company rapidly scale its... All Management White Papers | Webcasts