Huawei released an internal personnel adjustment document, announcing that Yu Chengdong would step down as CEO of Huawei Terminal BG and become chairman of Terminal BG. He Gang, the former chief operating officer (COO) of Huawei Terminal BG, took over as CEO of Huawei Terminal BG.
Insiders revealed that Yu has not been managing the front-line mobile phone business since the second half of last year, and has handed over more work to He Gang. Huawei has a well-established internal governance structure, and this appointment is a normal management decision that allows Richard Yu to devote more energy to creating high-quality products for consumers. This personnel adjustment is a consideration made by Huawei to better adapt to market changes and long-term corporate development planning.
In addition, serving as the chairman of Consumer BG means that Richard Yu is still the head of this business. The existence of Huawei’s IRB (Investment Review Board) department is extremely important, and its function is to decide on the investment and establishment of specific business projects. Yu still serves as the director of the Intelligent Terminal IRB, indicating that he has investment decision-making power over this business.
