clock menu more-arrow no yes

Filed under:

HTC CEO Chou hands chairwoman more responsibilities: 'I was too busy'

New, 48 comments
HTC One (verge stock)
HTC One (verge stock)

HTC's co-founder and chairwoman Cher Wang has increased her operational role at the company to lighten the load on CEO Peter Chou. "I have become very focused in the past couple of months. Before that I was too busy," said Chou to the Financial Times. "I took on too many things. I need to be more focused on innovation and [the] product portfolio." The move is said to be temporary.

Wang's expanded duties see her working six days a week, rather than two, and handling marketing, sales, and relationships with suppliers. Chou, meanwhile, will concentrate on future product development, and said that the company would see "a good result next year." HTC recently posted the first loss in its history as a public company, and late last year Chou reportedly pledged to resign as CEO if the One smartphone was not a success.