Lenovo has promoted Gianfranco Lanci, who joined the company in 2012 after a stint as CEO of rival PC maker Acer, to the newly created position of president as part of a broader realignment of its top management.
With his new job as president, Lanci is clearly the No. 2 executive at Lenovo behind Yuanqing Yang, who remains chairman and CEO.
The No. 1 seller of personal computers, which is based in China and has a headquarters in Morrisville, said the realignment announced Thursday was driven by acquisitions that it completed in the fall: the $2.91 billion purchase of Motorola Mobility from Google and the $2.1 billion purchase of a line of servers from IBM.
Lenovo, which boosted its Triangle workforce from 2,200 to 3,500 with the IBM deal, also restructured its organization last year. This year’s changes go into effect April 1.
“April is the start of our fiscal year,” said Jay Parker, who is currently president of North American operations and is being promoted to senior vice president of the enterprise business, which includes servers and data storage systems. “With that usually comes some tweaks to our strategy as well as tweaks to our organization.”
While Lenovo seeks a successor for Parker, Lanci will manage North American operations.
Lanci, who is retaining his current positions of chief operating officer and head of the PC business, will lead all of Lenovo’s sales and marketing efforts worldwide in his new role. He’ll also be in charge of key functions – such as product development, supply chain and manufacturing — for the enterprise business.
“He is running the company day-to-day for the businesses that make up the bulk of Lenovo’s revenue and profits,” Parker said.
Gerry Smith was named executive vice president and chief operating officer of the PC and enterprise businesses and will report to Lanci. Smith, who joined Lenovo in 2006 and today leads the enterprise business and the Americas region, will “have responsibility for harnessing growth and profitability for two core businesses that today account for more than 80 percent of total revenue,” Lenovo said in its announcement.
Parker will continue to be based in the Triangle, but will shift a few miles down the road from his Morrisville office to Research Triangle Park in his new role with the enterprise business. Lenovo added two office buildings when it acquired the IBM server business and is planning to move into a third that is still under construction.