HTC today promoted Cher Wang, co-founder and chairman of HTC, to the CEO position.
Wang is replacing long-time CEO Peter Chou, who is transitioning to a product development role. Wang has taken on more responsibility over the last two years as Chou focused more on creating devices. The company feels today’s change is the next logical step in the progression it set in place several years ago.
“We are seeing rapid changes in the industry, with the smartphone as our personal hub connecting us to a growing world of smart devices,” said Wang. “We pioneered the smartphone industry; now we are applying that thinking to realize the potential of a new generation of connected products and services.”
The company debuted the RE camera last year, partnered with Under Armour earlier this year, announced a wearable, and showed off a virtual reality headset.
“As an entrepreneur at heart, I am excited to see so many new opportunities [and] to help shape the next stage of HTC’s development,” concluded Wang.
HTC said Peter Chou will continue to help the company find new growth opportunities.
