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HTC reassigns CFO to head of sales amidst structural changes


Taiwanese-primarily based smartphone producer HTC has been struggling just lately, having simply introduced its 25 straight month of declining year-on-year gross sales.

To be able to proper the ship, present CFO Chialin Chang has been appointed as the brand new world head of gross sales. In keeping with a remark posted by way of HTC, Chang’s earlier expertise in gross sales must be an asset in his new place, and the transfer is a component of an inner restructuring that hopes to consolidate operations.

Chang takes over for Jason Mackenzie, who had in the past headed each advertising and marketing and gross sales for HTC. Mackenzie will now be North American chief after incomes the place again in 2011.

Due to the fact that his appointment as CFO in April of 2012, Chang has lower R&D spending and helped reorganize HTC’s China operations, however has nonetheless scorching been ready to forestall the bleeding. HTC shares have fallen wanting expectations for 9 consecutive quarters amid manufacturing delays and high quality keep watch over issues.

Expectantly HTC will be capable of flip issues round subsequent year, with rumors of its alleged HTC One flagship sequel set for an early 2014 release.