June 11, 2019
TAIPEI (Reuters) – Apple supplier Foxconn on Tuesday announced a plan to overhaul its leadership structure in a move to allow more senior executives involved in the running of its daily operations.
At its first investors conference in Taipei, Foxconn revealed a new “operations committee” that will give senior executives from the group’s subsidiaries greater control.
Reuters reported last Thursday that the company was planning a management overhaul, as Chairman Terry Gou is seeking to run in Taiwan’s 2020 presidential election.
(Reporting By Yimou Lee; Editing by Anne Marie Roantree and Himani Sarkar)