Acer CEO Gianfranco Lanci Steps Down

Acer president and CEO Gianfranco Lanci has quit his job at the Taiwanese computer maker over differences with the company's board.

Lanci's departure, effective immediately, will see Acer chairman JT Wang replacing him. Wang said that Lanci quit because the company was not satisfied with the path he had chosen for it.

Acer, which essentially makes netbook and notebook computers, has been hit badly with the consumer focus shifting towards smartphones and tablet devices.

The company, which has been struggling to maintain its position behind Dell as the second largest notebook maker, has announced that its fiscal first quarter results will be worse than expected. This is will be the second consecutive quarter in which Acer will have performed lower than expected.

“The resignation was approved at a meeting of Acer's Board of Directors today, and the company has communicated internally with its worldwide employees. On the company's future development, Lanci held different views from a majority of the board members, and could not reach a consensus following several months' of dialogue,” an Acer spokesperson said in a statement.

The spokesperson added that Lanci and the company's board had different priorities when it came to scale, growth, customer value creation and resource allocation.