Yabuli Chinese Entrepreneurs Forum, the Forum concluded, Lenovo CEO Yang Yuanqing explained in detail in his speech the former CEO of foreigners because there was no sense of ownership have been fired, adding that Lenovo has created a record high last year's performance. Lenovo is also a live demonstration of its range of products, triggering laughter at the scene one.
Lenovo's acquisition of IBM's PC business has led to a discussion of the acquisition of five years, Lenovo replaced three appointed CEO, Yang explained that today, this is a pre-Lenovo to set up and ready.
Yang said that mergers and acquisitions at the beginning, Lenovo executives do choose to have foreign CEO, but still want to learn after the expiration of hands-on. Initially, the Lenovo is expected to employ foreigners CEO time for five years, but will be used if it is qualified for longer.
"After the outbreak of the financial crisis early last year, we are fired because of poor performance and the CEO of our predecessors, but in fact this is just a fuse, the real reason is that the foreigner CEO too 'professional manager', instead of as masters of their own businesses to run, "Yang says.
He explained that the CEO is only in operation for foreign associations, rather than considering the development of Lenovo. Therefore, its considered more of a short-term performance, more attention to the existing business, how the business now where to make improvements. How Kaijiangtuotu strategic business, there is not much interest in, or a little frustration on the retreat.
"Last year, when the beginning of the year, Liu and I have again returned to the company chairman, CEO's seat, this decision is passive, but more is active."
Lenovo CEO with the attendant three-for-performance is its twists and turns. However, Yang said the company recently released results show that more than 40% since its five-year growth rate for the first time than all the competitors, market share for the first time exceeded 9%. Growth in emerging markets has also hit a record high, especially in Russia is reaching 300%.
"Our profits are greatly improved, and the year before changing into a negative 9400 is 94 million U.S. dollars."
In his speech, Yang also demonstrated the association has made mobile phones, Internet access to this and other products, drawing on-site a laugh.
