Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 17 April 2012 11:14

HTC changes CFO

Written by Nick Farrell



Only behind the desk for a year


HTC has replaced its outspoken CFO Winston Yung who had been in the job for just a year. Chia-Lin Chang has been appointed as the company's CFO having come from Goldman Sachs in Taiwan. Yung, meanwhile, will assume a new role in corporate development, which is probably another way of saying “special projects manager” with an office in the lift.

HTC didn't offer an immediate reason for the move, though it comes just a few months after the manufacturer released a rather dismal Q4 earnings report. Yung has been with HTC since 2011, but had been rather vocal during his brief tenure as CFO and oversaw the company's purchase of Beats Audio, which lots of investors could not see the logic of buying. Yung was also behind HTC's recent Studio launch, which was part of his larger initiative to turn HTC around by focusing on a set of "worldwide flagship products."

The strokers of beards and people in the know think that HTC might be taking a more aggressive attitude toward its finance department. Tom Tang, a vice president at Masterlink Investment Advisory tod the Verge that when a company changes its CFO, it often indicates that the company's operations or financials have reached a bottleneck.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments