Senior Foxconn managers, whose clients also include Amazon, have discussed the rotating CEO plan for several months, the three sources with direct knowledge of the matter said. They all requested anonymity due to its sensitivity.
Foxconn: Young Liu has held both roles since 2019 in the 50-year-old Taiwanese company that is the world s largest contract electronics manufacturer and a major iPhone assembler.
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One of the sources said the plan was a response to repeated calls by investors to boost corporate governance by separating the role of chief executive from the chairperson
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