Foxconn, an Apple supplier, considers a rotating CEO system for fostering future talent and improving corporate governance.
Foxconn, an Apple supplier, is considering a rotating CEO system in a management reshuffle aimed at fostering future talent. The unusual practice could promote teamwork, prevent entrenched leadership, and develop new leaders. The plan, discussed by Foxconn managers for several months, is a response to calls for improved corporate governance, including separating the CEO and chairperson roles, currently held by Young Liu.
April 10, 2024
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