Asustek founder resigns, criticizes management

Posted on Tuesday, December 30 2003 @ 12:39 CET by Thomas De Maesschalck
Wayne Hsieh, one of Asus his founders and with almost 6% of the shares the largest shareholder, resigned last Friday, and left an emotional email to former colleagues yesterday to explain the reasons why he left.
Wayne Hsieh, one of Asustek Computer’s founders and the largest shareholder, resigned from the board and left his post as vice president of the manufacturing division last Friday and wrote an emotional email to former colleagues yesterday explaining his reasons to leave.

In the email, Hsieh criticized Asustek’s management style, saying the company’s leader does not use people based on their abilities but on their relationships to the leader. He said that Asustek’s lack of standardized management processes has caused bureaucracy and corruption and that he could no longer work there.

Prior to his resignation, Hsieh worked at Asustek’s Suzhou plant, located in Jiangsu Province, China. Sources said Hsieh was caught off guard when he was notified that he was being replaced by Louis Hsiao, a classmate of Asustek’s president Jonney Shih.

Asustek was founded in 1989 by Wayne Hsieh, Ted Hsu (now the chairman of ASRock), M.T. Liao and T.H. Tung.
Source: DigiTimes

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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