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HTC appoints CFO as head of global sales
Central News Agency
2013-12-16 10:35 PM
Taipei, Dec. 16 (CNA) Taiwan's HTC Corp. has appointed Chief Financial Officer Chang Chia-lin as its new global sales chief, hoping that he can help the struggling phone maker identify its "next phase of growth." Chang, who joined HTC in April this year from U.S. brokerage Goldman Sachs, will continue as CFO "until the time a transition of responsibilities makes sense," the Taoyuan-based company said in an e-mailed reply to CNA on Monday. "As HTC continues to push forward with product innovation and strategic growth initiatives, Chang Chia-lin has played a key role," HTC said. "With our commitment to expanding sales and entering new distribution channels, he's been deeply involved at a strategic level. As such, he is well positioned to help lead HTC in our next phase of growth as Global Head of Sales, effective immediately," the manufacturer said. Jason Mackenzie, who previously oversaw global sales, will remain head of North America at HTC. The announcement comes after a number of senior HTC executives left the company earlier this year and HTC CEO Peter Chou offloaded some of his operational duties to Chairwoman Cher Wang in October so that he could focus more on product development. HTC is trying to boost its shipment scale and revenues by launching more mid-tier models, but analysts remain convinced that the company will stay in the red for the next two quarters due to fierce competition. HTC shares closed down 0.34 percent at NT$145 (US$4.89) Monday on the Taiwan Stock Exchange. The stock has lost 52 percent of its value this year in Taipei trading. (By Jeffrey Wu)
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