Lenovo has new CEO

Lenovo declared today to install William J. Amelio as its CEO to replace Steve Ward. Mr. Amelio was Dell's head of Asia Pacific operation before joining Lenovo and had been a veteran executive in NCR, Honeywell, AlliedSignal, and IBM.

In Mr. Amelio's time with Dell, the company's sales in the Asia Pacific region doubled and the customer satisfaction improved.

Mr. Ward will stay at Lenovo as an advisor to help smooth the transition. Lenovo's chairman Yang Yuanqing spoke of Ward highly, praising him for "successfully integrating two independent businesses into an international PC company and creating notable value for our shareholders."

Ward, on the other hand, responded that it took Yang and himself much time to deliberate on the transition. He said he believed Lenovo, a great company, would make a great success in the future.

By People's Daily Online