Huawei CFO Meng Wanzhou Appointed Chairwoman in Rotating Role

Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei Technologies (HWT) has been appointed the chairwoman of the company in a rotating role. Huawei announced this managerial appointment the company’s official website.

Meng will serve as the Huawei’s chairwoman and also Huawei’s board of directors for six months however the company failed to disclose when her term will begin. The current rotating chairmen at the company are Eric Xu and Ken Hu.

Meng is currently serving as both the CFO and the deputy chairwoman at the company. Huawei’s spokesperson says the company is currently shaking up its top managerial structure to come up with a team which will be mandated with Huawei’s survival.

The company is optimizing and refining its internal governance structure to make sure the company is built to last. The supervisory board is responsible for the company’s survival, development and long-term prospects,” said the spokesperson.

This appointment comes barely six months after Meng’s return to China from Canada where he had been under detention since 2018 after she was arrested for selling equipment to Iran, an action which was in direct violation of sanctions imposed on Iran by the United States.

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