Lenovo Shakes Up Leadership

Schachter, Ken
February 2009
Red Herring;2/5/2009, p3
Trade Publication
The article offers updates on corporate restructuring and the financial performance of Lenovo Group. Yang Yuanqing, the current chairman of the board, returned to his post as chief executive officer (CEO) while founder and board member Liu Chuanzhi resumed his role as chairman of the board. Lenovo Group's American Depository Receipt fell by $.27, or 6.85%, to $3.67 in the over-the-counter market while the company posted a loss of $97 million or $1.09 per share on sales of $3.59 billion.


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