George Zhao resigned as Honor’s CEO final week, prompting additional adjustments on the smartphone firm’s government stage. A latest report disclosed that the International Advertising and marketing Chief, the Chief 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 routine adjustment of regional managers.”
Guo Rui, beforehand the CMO for abroad operations, will now tackle the CMO place for the home market. He replaces Jiang Hairong, who’s reportedly exiting the corporate. Moreover, Zheng Shubao, the gross sales chief, is resigning and might be succeeded by Chen Haoqian, the previous head of operations for East China.
Honor is reportedly gearing up for an IPO, but the corporate may face an unfavorable market panorama. Experiences point out that 2024 shipments have decreased yr over yr, and the foldable phase’s progress stalled final yr.
