George Zhao resigned as Honor’s CEO closing week, prompting additional adjustments on the smartphone corporate’s govt stage. A up to date file disclosed that the International Advertising and marketing Leader, the Leader Advertising and marketing Officer for China, and the Gross sales chief for China have all left the corporate.
An organization consultant commented that “this can be a regimen adjustment of regional managers.”
Guo Rui, in the past the CMO for in another country operations, will now take at the CMO place for the home marketplace. He replaces Jiang Hairong, who’s reportedly exiting the corporate. Moreover, Zheng Shubao, the gross sales leader, is resigning and shall be succeeded via Chen Haoqian, the previous head of operations for East China.
Honor is reportedly gearing up for an IPO, but the corporate would possibly face an damaging marketplace panorama. Reviews point out that 2024 shipments have lowered 12 months over 12 months, and the foldable phase’s expansion stalled closing 12 months.
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