Chinese language big Huawei has introduced that Hu Houkun (aka Ken Hu) will function the corporate’s Chairman from 1st October to 31st March, as part of the corporate’s rotating chairman system.
As per Huawei rules, the rotating chairman is the best place for a pacesetter in the corporate and presides over the corporate’s board of administrators and the board of standing committee.
Hu Houkun graduated from Huazhong College of Science and Expertise. He joined Huawei in 1990 and over time, he served in numerous capacities, together with President of Latin America, President of World Gross sales, President of Gross sales and Companies, President of Technique and Advertising, Chairman, Vice Chairman, Rotating CEO, and Director of the Human Sources Committee, amongst others. He’s presently serving as Vice Chairman and Rotating Chairman of the corporate.
The rotating chairman system was developed from the rotating CEO system, which was originated by Huawei. Afterward, a number of different Chinese language corporations applied the rotating government system, together with Debon Logistics, Alibaba Leisure, and JD.com.
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At present, Liang Hua is Huawei’s Chairman whereas Guo Ping, Xu Zhijun, Hu Houkun, and Meng Wanzhou are the Vice Chairman. Moreover, Guo Ping, Xu Zhijun, and Hu Houkun take turns as Chairman of the board all year long whereas Meng Wanzhou additionally serves as the corporate’s CFO.
Ren Zhengfei, founder and CEO of Huawei had mentioned that the rotating government system is healthier because it doesn’t hyperlink the corporate’s efficiency and success to 1 particular person. He added that every rotating government strives to drive the corporate additional.
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