Tuesday, February 13, 2001, updated at 13:47(GMT+8)
Business
Ni Runfeng Serves as First CEO of Changhong
In order to meet its strategic development goal for a "centennial Changhong", the Sichuan Changhong Electronics Group Corp. has further innovated its organizational system by getting Ni Runfeng to serve as its first CEO; Yuan Bangwei, Zhao Yong, and Wang Fengchao as executive officials; and Liu Tibin as financial official.
CEO is the title of high-ranking enterprise officials commonly used in the world, the establishment of CEO is currently an internationally used enterprise management method adopted by the majority of the world's top 500 enterprises. According to a news spokesman of Changhong, the establishment of CEO in Changhong this time is to keep abreast with big international corporations. The duty of the CEO is to supervise and carry out the decisions made by the board of directors and thus to avoid the divorcement between the decision-making level and the executive level, and make it easy to clearly define responsibilities, make rational division of labor, and improve work efficiency. It will help Changhong to keep its major competitiveness in the fierce international and domestic market contests and fully guarantee the tripartite interests of the shareholders, staffs, and the clients.
In order to meet its strategic development goal for a "centennial Changhong", the Sichuan Changhong Electronics Group Corp. has further innovated its organizational system by getting Ni Runfeng to serve as its first CEO; Yuan Bangwei, Zhao Yong, and Wang Fengchao as executive officials; and Liu Tibin as financial official.