Lenovo Announces Management Changes
HONG KONG, August 31, 2006 – Lenovo Group today announced two management changes.
Liu Jun, who has led Lenovo's global supply chain for the past year, has elected to take a one-year sabbatical from Lenovo to pursue advanced executive studies. "Lenovo has recently launched new programs to identify, train and accelerate career paths for Lenovo's leaders," said William J. Amelio, Lenovo's chief executive officer. "One early outcome of this process is Jun's request to pursue his studies. We applaud his desire to improve his skills and equip himself for the future. There is no better way to demonstrate our commitment executive development than by investing in leadership and in our people." "Jun has helped Lenovo optimize processes and execute an action plan for improvements. Key among his accomplishments are establishing and executing an ambitious Lenovo supply-chain re-engineering plan, and making progress in supply-chain network optimization and supply/demand planning synchronization," said Mr. Amelio.
Prior to his position as senior vice president, Global Supply Chain, Mr. Liu, 37, was senior vice president and chief operating officer of Lenovo China, with responsibility for corporate planning and operations. Mr. Liu was the architect of the company's PC supply-chain model. He also held a broad range of leadership positions in research and development, corporate strategy, the Desktop PC business unit, the Consumer IT business unit, and Integrated Supply Chain. He joined Lenovo in 1993.
Lenovo also announced that Gerry P. Smith, 43, has been appointed senior vice president, Global Supply Chain, effective immediately. Mr. Smith will report directly to Mr. Amelio and will be based in Singapore.
"Gerry is a seasoned executive in PC and peripherals supply-chain management, with a solid track record delivering in the areas that Lenovo is currently targeting for improvements, particularly serviceability and cost reductions," said Mr. Amelio. "He is a hard-charging, performance-oriented leader, with strong supply-base and general management experience and a wide network of personal connections with many leading suppliers that will be a great asset to Lenovo."
Mr. Smith most recently served as a vice president running Dell's Singapore Design Center and its displays business unit. He joined Dell in 1994 and prior to his last post, Mr. Smith's assignments with Dell included oversight of design and procurement for Dell's peripherals business and its notebook business, development for the peripherals engineering team, and various marketing and supply-base management functions for storage and peripherals. Before joining Dell, Mr. Smith ran sales, marketing and operations for Definicon, a producer of coprocessor boards; he began his career as a financial analyst with EDS.
"Lenovo's senior management team has been world-class from the start. Today, I believe Lenovo has the most exceptional roster of talent in our industry," said Mr. Amelio. "Moving forward, our entire team will be able to drive even faster toward the ambitious goals we have set for ourselves."
About Lenovo Group Ltd. Lenovo (HKSE: 992) (ADR: LNVGY) is dedicated to building the world's best-engineered personal computers. Lenovo's business model is built on innovation, operational efficiency and customer satisfaction as well as a focus on investment in emerging markets. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company develops, manufactures and markets reliable, high-quality, secure, and easy-to-use technology products and services worldwide. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information, see www.lenovo.com .
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