HTC announced Monday that Chia-Lin Chang has been appointed as the company’s CFO, replacing the outspoken Winston Yung. Chang had previously worked as an engineer at Motorola, and had been a partner at Goldman Sachs in Taiwan. Yung, meanwhile, will assume a new role in corporate development. Robert Yen, an analyst at Goldman Sachs, telling Reuters that the change suggests a “more aggressive attitude toward its finance department in terms of creating value other than just accounting integrity, especially the value in enhancing the uniqueness and competitiveness of its smartphone products and services.” HTC didn’t offer an immediate reason for the move, though it comes just a few months after the manufacturer released a rather dismal Q4 earnings report.
(Image Source: HTC logo, Featured Image)