Meng will serve as the company’s leader and president for six months when it’s her turn.
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Telecommunications giant Huawei Technologies has named its chief financial officer Meng Wanzhou, who returned to China in 2021 after nearly three years in detention in Canada, as its new rotating chairman, according to the company’s website.
Meng, the daughter of Huawei founder Ren Zhengfei, will serve as the company’s top executive and chair Huawei’s board of directors for six months when her role arrives. The announcement did not specify when his term would begin.
The two rotating chairmen are Eric Shaw and Ken Ho. Meng is also vice chairman and will remain chief financial officer, according to the company’s website.
“The company is working to improve and improve its internal governance structure to ensure the business is built to last,” a Huawei spokesperson said. “The Supervisory Board is responsible for the sustainability, development and prospects of the company. »
Meng, whose English name is Sabrina, has played a key role in the company’s dispute with the United States, after she was detained in Canada in 2018 over alleged attempts by Huawei-linked companies to sell equipment to Iran in violation of US sanctions.
The United States then imposed a series of trade restrictions on the company throughout 2019 and 2020, citing national security concerns. The measures hampered Huawei’s ability to design its own chips and source components from third-party vendors, crippling its smartphone business.
Meng was allowed to return to China in September after an agreement with US prosecutors to end a bank fraud case.
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