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Senior Foxconn managers have discussed the rotating CEO plan for several months, three sources with direct knowledge of the matter say.
Apple supplier Foxconn is considering introducing a rotating chief executive system in a major overhaul of its management structure designed to nurture future talent, three sources briefed on the...
Foxconn considers a rotating CEO system to enhance talent development, boost governance, and end a one-man rule system. This change may involve Young Liu transitioning from holding both CEO and chairman roles since 2019.
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.