Ren Zhengfei was planning to retire last year
Huawei founder and CEO Ren Zhengfei have finally matured to retire. He put off this decision from last year.
Large-scale changes in Huawei. Founder and other company leaders resigned
In December, the leader of Huawei admitted that he had long planned to retire, but constant pressure from the United States motivates him, so he decided to stay at his workplace. Probably, at the moment, the founder of the company is calm for his brainchild, work in the new conditions has been established, so he decided, as they say, to give way to the young. At the same time, Huawei CEO Ren Zhengfei also resigned from the company’s directors.
Former Huawei president Sun Yafang has also resigned as chairman of the company. In addition, all four key company executives, including Huawei’s vice chairman Xu Zhijun, also resigned.
Huawei has not made an official statement in connection with such a massive change in leadership.