Updated: 2006-03-14 09:18
Birthday: November 12, 1964
Company: Lenovo Group
Head Office: New York
Industry: computer maker
Yang Yuanqing is chairman of the board of Lenovo Group Limited. Prior to
assuming his current position, he was the president and chief executive officer
of Lenovo. Mr. Yang joined Lenovo in 1989 and became CEO in 2001. Under his
leadership, Lenovo has been China's best-selling PC brand since 1997. In 1999,
Lenovo ranked as first in PC sales in Asia-Pacific (excluding Japan) and has
maintained this position ever since.
Mr. Yang also played a key role in Lenovo's transformation into a truly
global company, leading Lenovo to become the International Olympic Committee's
worldwide partner in March 2004. Mr. Yang was also responsible for spearheading
Lenovo's landmark acquisition of IBM's PC business in May 2005, fulfilling the
company's internationalization strategy and making Lenovo the third-largest PC
Mr. Yang has been named by BusinessWeek magazine as one of the "Stars of
Asia," and has been selected by the Chinese media as one of China's "Ten Star
Entrepreneurs" and "Ten Most Valuable Managers." He was also named by CCTV as a
"Man of the Year" in 2004. Mr. Yang is also a member of the National Youth
Association Committee, director of China's Entrepreneurs' Association, a guest
professor at the University of Science and Technology of China, and a member of
the New York Stock Exchange's International Advisory Committee.
Yang Yuanqing is the reason China's computer industry is thriving today. So
it's hard to believe he wanted to quit his job back in 1991 and head to a U.S.
graduate school. That was popular among bright, young Chinese at the time. But
when he offered his resignation at Legend Holdings, then a small computer
company, the boss said no. Instead, he offered the whiz kid a new job as a sales
manager. Yang accepted and has never looked back.
Yang Yuanqing has come a long way since he first joined Legend Holdings
(LGHLY ) 12 years ago as a salesperson after he received a master degree in
China Science & Technology University in 1988.
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