HTC CEO Yves Maitre Resigns After Less Than A Year

HTC CEO Yves Maitre has resigned, citing private causes, in simply lower than a 12 months since he took over the position.

Maitre assumed the place of CEO in late September 2019, round a month earlier than HTC launched its newest consumer-focused PC VR headset, the Vive Cosmos. Maitre moved to HTC from French cellphone firm Orange, and on the time HTC emphasised “5G and XR” as areas of potential development.

In an interview with Bloomberg shortly after the launch of the Cosmos, Maitre mentioned that he wasn’t positive that “the goal is to beat Oculus.”  The feedback preceded a 12 months the place HTC has more and more pivoted towards the enterprise market and shifted focus away from shoppers.

Now, simply shy of a 12 months since Maitre grew to become CEO, he has resigned from the place for private causes. Right here’s a press release on the resignation issued by HTC:

HTC Corp., the worldwide chief in smartphone and digital actuality innovation, right now introduced that the strict worldwide journey restrictions as a result of ongoing COVID-19 pandemic, which has impacted the lives of hundreds of thousands in addition to enterprise globally, have had an influence on its CEO, Yves Maitre, in reconciling work and household. As we speak, the Board of Administrators accepted Yves’ resignation for private causes. We want him the perfect in his future endeavors. The Firm’s chairwoman, Cher Wang, has assumed the CEO place.

Cher Wang has been within the CEO earlier than — she took over as CEO in 2015 from Peter Chou and stayed within the position till final 12 months. Yves Maitre took over from Wang in September of final 12 months.

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