bholus10 has just posted in the Career forum of Wiki Newforum under the title of 2009's most talked about IT resignations.
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Image: http://infotech.indiatimes.com/photo/5366217.cms
Lenovo President and CEO William Amelio resigned after the Chinese PC maker reported a nearly $97 million loss for its fiscal third quarter.
The company said in a statement that Amelio will be succeeded by chairman Yang Yuanqing. The announcement came at the end of Amelio's three-year contract with the company, Lenovo said, adding that Amelio will serve as a special adviser until September 30.
Lenovo, the world's fourth-largest PC manufacturer, said global shipments fell 5% in the October-December quarter.
A former Dell Computer executive, Amelio had replaced previous Lenovo CEO Stephen Ward in December 2005 -- a year after the Chinese company purchased IBM's PC group.
Amelio's resignation followed Lenovo's announcement of 11% layoffs, or 2,500 jobs.
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