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In companies worldwide, the rotating CEO system is not common, but analysts believe it fosters teamwork and avoids rigid leadership. Foxconn Technology Group is reportedly planning to implement a rotating CEO system in response to investor demands to enhance corporate governance, transparency, and operational efficiency. After founder Terry Gou's retirement in 2019, Guo Taiming held both chairman and CEO roles. Now, Leu Yangu has taken over as chairman and CEO, marking a shift in leadership at Foxconn.
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