Former Acer chief to lead Lenovo's PC Group after shakeup
Lenovo has restructured its operations as part of a management shakeup, and some interesting names have been promoted.
Former Acer CEO Gianfranco Lanci, who is Lenovo's Group president and chief operating officer, is now in charge of Lenovo's PC and Smart Devices Group, previously known as the PC Group. Lanci joined Lenovo in 2012 after he was fired from Acer in late 2011 over disagreements about product strategy with the company's board. Acer then sued Lanci for allegedly violating a non-compete clause.
Lanci led Acer through profitable times during a boom in netbook sales. But Acer's fortunes fell when netbook shipments nosedived after the introduction of the Apple iPad in 2010, and the company has since struggled. Now Lanci will lead the development of Lenovo's venerable PCs, including ThinkPad, and tablets. He'll also be in charge of developing smart devices for the Internet of Things.
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