Not all is well in paradise, even now after two years of corporate shuffling

Nov 21, 2013 16:04 GMT  ·  By

Acer has been trying to essentially reconfigure itself into a truly profitable corporation for a couple of years now, ever since netbooks crashed and burned so spectacularly. Right now, it's adjusting to new leadership.

The company has announced that the Board of Directors has elected the company founder, Stan Shih, as Chairman and interim Corporate President.

Chairman and CEO J.T. Wang, as well as Corporate President Jim Wong, have stepped down after Acer again failed to do well financially. They'll stick around as advisors though.

More importantly, however, is that Acer is dropping the position of CEO altogether. Instead, the Chairman or President will handle the workload, in the hopes for better decision-making efficiency.

An odd move, to be sure, but it's not like Acer hasn't explored most other options.