Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

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

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments