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in companies around the world the rotating CEO system is not the norm but analysts believe that this system helps to promote teamwork to avoid overly rigid leadership at the same time it can also cultivate the next generation of talents on April 11th ing to Reuters citing three Anonymous sources to cultivate future talents foxcon Technology Group a global Electronics manufacturer ing giant plans to promote a rotating CEO system one of the Insiders said the plan is in response to the constant calls from investors foxcon needs to distinguish between the roles of CEO and chairman to enhance corporate governance improve company transparency and operational efficiency guo taming has retired who will take the helm Taiwan billionaire Terry goo founded Foxon in 197 for most of the time afterwards he held both the positions of chairman and CEO after Terry goos retirement in 20119 Leu yangu took over as chairman and CEO of foxcon despite Leu Yang wes appointment as the new chairman of hanh hig