Senior Management with China Experience Making It Up
the Corporate Ladder
As China becomes an ever more important manufacturing
center and market, multi-nationals are attaching ever
more importance to senior managers with China experience.
Some are even showing up in corporate boardrooms.
Some of the companies which are showing great interest
and confidence in China's potential are General Electric,
LG Electronics, Cisco, Canon, Motorola, Hewlett-Packard
and Matsushita. All of these companies have lately promoted
executives with China experience to their corporate headquarters.
According to a report in Taiwan's Economic Times, LG
Electronics (China) has recently promoted Lu Yongyue,
who until recently was chairman of its China operations,
to the position of vice chairman at headquarters. Beginning
in 1994, Lu headed up the company's operations in China.
Because of his success in that market, LG Electronics
(China) has become an ever more important part of the
company's global strategy.
Electrolux, Sweden's largest maker of electrical home
appliances, has also become a major player in the China
market. For this reason, the position of China country
manager has become a popular and important position in
the company. In February, Bai Yezhi replaced Liu Xiaoming
in this position. Bai also became vice chairman of Electrolux
International and chairman of Electrolux Asia.
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