2013 re-organization[edit]
On November 2013 Chairman and CEO J.T. Wang, and President Jim Wong, both resigned due to the company's bad financial performance. Wang had already been reportedly due to leave Acer at year's end to be replaced by Wong. Acer founder Stan Shih has taken over as board chairman and interim president as the company searches for a new candidate to assume the role of presidency. The position of CEO will be eliminated and its responsibilities transferred to the chairman or president, according to Acer in order to improve decision-making efficiency.On December 23 Acer named Jason Chen, vice president of worldwide sales and marketing at Taiwan Semiconductor Manufacturing, as its new president and CEO, effective Jan. 1.Entertainment industry executive and former actress Nancy Hu was named CFO and Spokesperson as of May 1, 2014.