HTC Chairwoman Cher Wang takes over CEO role from Peter Chou

HTC Corp has just announced that Chairwoman Cher Wang has taken over the role of Chief Executive Officer, replacing Peter Chou, who has been CEO of the company since co-founding it with Wang and H.T. Cho in 1997.

Chou, who also held the title of President, will remain at the company in a new role as head of the HTC Future Development Lab.

In a statement to the press, HTC said, “Over the last two years, Ms. Wang had been increasingly involved in the running of various aspects of the business, to allow Mr. Chou to focus on product development. The Board of Directors and executive team agreed that it was now appropriate to formalize that progression.”

In her first statement as HTC CEO, Wang said, “We are seeing rapid changes in the industry, with the smartphone as our personal hub connecting us to a growing world of smart devices. 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 overwhelming response that our virtual reality product, HTC Vive, received earlier this month underlines the importance of these new connected technologies for our future. As an entrepreneur at heart, I am excited to see so many new opportunities, and I am honoured to accept this opportunity to help shape the next stage of HTC’s development.”

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