NOT TOP GUN?Stan Shih said that his eldest son, Maverick, may not become a board member any time soon, as he offers limited added-value to operations
Taipei Times
Date: Sep 15, 2016
By: Lauly Li / Staff reporter
Acer Inc (宏碁) celebrated its 40th anniversary yesterday, with founder and former chairman Stan Shih
Acer Inc founder Stan Shih, right, and chairman George Huang gesture at a news conference in Taipei yesterday. Photo: CNA
(施振榮) urging high-ranking executives to purchase company shares.
“We want to create a corporate culture in which ranking officials would treat the company as their own, so they would care more about the company and not consider themselves as just a ‘salary earner,’” Shih said.
Shih said he had shared the idea with chief executive officer Jason Chen (陳俊聖) before Chen took the position in 2014.
Chen bought more than 2.55 million shares, or a 0.08 percent stake, in Acer from 2014 to last year, according to the company’s annual report published in June.
Shih said that he and Acer chairman George Huang (黃少華) both support Chen becoming Acer’s new chairman next year.
“Chen has a very strong bond with and commitment to Acer,” Shih said. [FULL STORY]