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Key iPhone assembler Foxconn introduces rotating CEO role

Chairman Young Liu says six-month terms aimed at fostering leadership talent

Foxconn Chairman Young Liu speaks at a company event in Taipei in February. Liu says the iPhone assembler is keen to foster the next generation of leaders.    © Reuters

TAIPEI -- Foxconn Technology Group has introduced the position of rotating CEO as the major Apple supplier plans to cultivate its next generation of leaders and seeks to improve its corporate governance.

Chairman Young Liu, who doubles as the company's general manager, said on Thursday that the world's biggest contract electronics manufacturer has chosen an executive to fill the new role from among its six major business groups.

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