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US Forces Smartphone Giant ZTE To Fire Its CEO, Leadership Team (arstechnica.com)

Posted by BeauHD on from the out-with-the-old-in-with-the-new dept.

An anonymous reader quotes a report from Ars Technica: The Chinese smartphone giant ZTE has completely replaced its corporate leadership, naming new people to be CEO, CTO, CFO, and several vice presidents. The new CEO of ZTE will be Xu Ziyang, a former head of ZTE's German operations who has worked at the company for two decades. The move comes a week after ZTE named a new board of directors. The U.S. government demanded that ZTE make these changes as a condition of lifting a crippling export ban against the company.

2 of 87 comments (clear)

  1. Complete leadership change by olsmeister · · Score: 5, Funny

    CEO becomes CTO, CTO -> CFO, CFO -> CEO.

    Trump Administration: OK, you're good!

  2. Re:Why is the government by DontBeAMoran · · Score: 5, Insightful

    1. U.S.A. government demand, backed by crippling export ban
    2. China government wants crippling export ban removed
    3. China government controls Chinese companies, unlike the U.S.A. where companies control the government

    --
    #DeleteFacebook