June 18, 2014 / 9:54 AM / 4 years ago

Acer appoints co-founder George Huang as board chairman

TAIPEI (Reuters) - Taiwan’s Acer Inc on Wednesday said it has appointed co-founder and board member George Huang as new chairman, tasked with overseeing the recovery of the PC maker’s near-dominant position in a shrinking industry.

An employee uses an Acer laptop at the company's booth during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014. REUTERS/Pichi Chuang

The appointment was announced after Acer’s annual general investor meeting. It followed the retirement of co-founder Stan Shih, who returned to the company in November to lead a restructuring effort that welcomed a new chief executive and chief financial officer.

The company also announced that they have invited Shih to take the up the role of honorary chairman. At the meeting, Shih said without elaborating that he would continue to participate in Acer’s reform.

Reporting by Michael Gold; Editing by Christopher Cushing

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