Also announces several organizational and senior leadership changes
Lenovo has announced that it established four new, distinct business groups, effective April 1, 2014 to sustain this momentum and create a structure that will help growth in new businesses. Besides the company also has announced several organizational and senior leadership changes which include:
PC Business Group (including Lenovo and Think brands), led by Gianfranco Lanci, who currently leads Lenovo EMEA. This group will ensure we continue to innovate, drive profits and expand our lead in our core PC business worldwide.
Mobile Business Group (smartphone, tablet, smart TV), led by Liu Jun, who currently leads the Lenovo Business Group (consumer and mobile products). This group is focused on making Lenovo a profitable global player in the fast-growing smartphone and tablet and developing our smart TV business.
Enterprise (including servers and storage), will be led by Gerry Smith, who currently leads Lenovo’s Americas Group. The goal of this group is to aggressively build a new, fast-growing profit engine in enterprise, where we already have a solid foundation. Pending regulatory approvals, the business represented by the recently announced acquisition of IBM’s x86 server business would be integrated into Smith’s organization.
Ecosystem and Cloud Services (including both Android and Windows opportunities), led by George He, senior vice president, Lenovo, who currently serves as Chief Technology Officer. The goal of this group is to continue building our China ecosystem and drive a strategy for monetization and ecosystem expansion.
This structure replaces the company’s current design, which has two business groups (Lenovo Business Group including consumer PC and mobile, and Think Business Group consisting of commercial PCs and enterprise).
Yang Yuanqing, chairman & CEO, Lenovo, said, “Today, Lenovo is in one of the most important and exciting phases in our history. We are the number 1 PC company in the world. We are number 3 in Smart Connected Devices (PC, tablet, smartphone). And we just announced the intent to make an acquisition that will make us a significant competitor in the Enterprise space.”
He added, “We will leverage our strength and competitive advantage in our traditional PC business, while also creating strong, profitable new businesses that can capture the growth opportunities in the market. The new structure will help us be even faster, more focused and more efficient in providing innovative products and services to an incredibly diverse global market with a wide range of technology needs. We know we must anticipate the next set of opportunities for our company, and we are preparing our organization for the future. This way Lenovo can not only continue as the world PC leader, but become a true leader in the PC+ era.”
