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Foxconn Plans to Carry out Management Reforms, as Its Founder Will Run for the Top Office in Taiwan

June 7, 2019 11:25 pm

Beijing (PingWest)—Informed sources told Reuters that Foxconn, the supplier of Apple, plans to comprehensively reform its management structure to allow more senior executives to participate in its daily operations. The move to appoint a new “operations committee” comes as Terry Gou, Chairman and Founder of the company, is attempting to run for the top office in Taiwan. He also told Reuters in April that he prepared to step down from Foxconn to pave the way for younger talent to move up the ranks.

In April, Terry Gou confirmed that he will participate in Taiwan's 2020 leadership election.

Source: Reuters