Foxconn Rotational CEO Change: Yang Chiu-jin Succeeds Lin Chung-chen

Foxconn Rotational CEO Change: Yang Chiu-jin Succeeds Lin Chung-chen

Preface

Since April last year, Foxconn (2317-TW) initiated a rotational CEO system. The first rotational CEO, Group E Business Group General Manager Lin Chung-chen, has successfully completed his term. The second rotational CEO will be Central Campus Director Yang Chiu-jin, officially taking office tomorrow. Amidst global geopolitical shifts, Foxconn emphasizes the need for Yang's expertise in the global supply chain, which is crucial for optimizing the group's worldwide presence.

Lazy bag

Foxconn's rotational CEO system enhances organizational agility. Yang Chiu-jin will focus on management optimization, driving a culture of collaboration.

Main Body

Foxconn's first rotational CEO, Lin Chung-chen, who also served as the General Manager of the Group E Business Unit, has completed a remarkable tenure under the newly introduced leadership model that started in April last year. This rotational system was implemented to keep up with the dynamic global business environment and to prepare for leadership succession within the group. Yang Chiu-jin, who will take over as the second rotational CEO, brings a wealth of experience to the role as the current Central Campus Director. Yang's tenure at Foxconn dates back to 2007, and she is recognized as one of the pivotal female leaders within the organization, overseeing the group's international supply chain management as the Chairwoman and CEO of Zhunda International Supply Chain Management Company.

In her upcoming role as rotational CEO, Yang plans to use collective intelligence to solidify the rotational CEO system as a benchmark in global corporate management. She aims to achieve lasting corporate governance through systemic power, creating a more agile and responsive leadership capable of navigating market challenges effectively. By integrating management optimization, digitalization, and standardization of scientific work methods, Yang plans to enhance management practices, ensuring these improvements are deeply embedded and sustained across the organization.

Chairman Liu Yang-wei highlighted the significance of a succession plan for sustainable business operations and views the rotational CEO system as crucial for rejuvenating and nurturing leadership within Foxconn. During his term, Lin Chung-chen set a strong precedent by diligently advancing operational objectives, showcasing exceptional performance that serves as a model for subsequent CEOs.

The rotational CEO strategy at Foxconn involves having business unit leaders serve to better integrate these units and enhance operational performance. Subsequently, central unit leaders like Yang will focus on enhancing central-local integration and service functionalities. The goal is to use a systemic approach to manage global operations, achieving robust central coordination and strengthening local capabilities.

Liu Yang-wei underscores that through the rotational leadership initiative, top executives gain insights from a higher leadership perspective, broadening their management depth and scope. This approach enhances each leader's organizational management skills, positioning Foxconn as a global benchmark in corporate governance and executive development.

Key Insights Table

Aspect Description
Rotational CEO System Introduced for adapting to global shifts and preparing leadership succession.
Yang Chiu-jin's Role Focus on management optimization, digitalization, and fostering collaborative culture.
Last edited at:2025/3/30
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