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Lenovo's founder steps down as president

By: Jas Tong, China – Shanghai
Published: Jun 19, 2012

LENOVO   PEOPLE   APPOINTMENT

Shanghai - Lenovo is undergoing a top management shake up as founder Liu Chuanzhi (pictured) steps down as president of its parent company, Legend Holdings.

Liu will remain as the parent company's chairman, while Zhu Linan - former executive vice president and executive committee of Legend Holdings, will succeed the president role from Liu.

Zhu is also non-executive director of Peak Sport Production and director of Foshan Saturday Shows.

Yangqing Yang, Lenovo chairman from 2005 to 2009, has taken over and is now assuming the dual role of chairman and CEO of Lenovo.

Lenovo Hong Kong is unavailable to comment at press time.

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