{"id":5667,"date":"2012-02-08T05:09:42","date_gmt":"2012-02-08T05:09:42","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=5667"},"modified":"2012-02-08T05:19:07","modified_gmt":"2012-02-08T05:19:07","slug":"acer-sues-former-ceo-over-move-to-lenovo","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/5667\/acer-sues-former-ceo-over-move-to-lenovo\/","title":{"rendered":"Acer sues former CEO over move to Lenovo"},"content":{"rendered":"<p>Taiwan computer maker Acer Inc has sued its former chief executive, Gianfranco Lanci, saying he breached a non-compete clause in an agreement covering his departure from the company in 2011.<\/p>\n<p>Lanci left Acer abruptly at the end of March last year after a disagreement with other board members over the strategy needed to counter the runaway success of the tablet market, which has cannibalized Acer&#8217;s profits.<\/p>\n<p>He joined rival PC maker Lenovo Group Ltd as a consultant late last year to help develop its consumer business with a focus on Europe.<\/p>\n<p>Acer said in a statement late on Tuesday that it filed the lawsuit in a court in Milan and was also seeking damages from Lanci, who is Italian and currently resides there.<\/p>\n<p>It did not say how much it was seeking. The agreement covering Lanci&#8217;s departure had a 12-month non-compete clause, it said.<\/p>\n<p>&#8220;We believe Mr. Lanci has clearly breached the terms of the non-compete agreement he entered into willingly,&#8221; the statement said. &#8220;This is about Acer defending a binding legal agreement with its former employee. We are taking legal action against him in order to protect Acer&#8217;s rights and interests.&#8221;<\/p>\n<p>In a separate statement on Wednesday, Lenovo said it did not comment on pending litigation as a matter of policy, but added: &#8220;We are confident that our relationship with Mr. Lanci meets all legal requirements.&#8221;<\/p>\n<p>Lanci said after his departure that he left because the board wanted more focus on operations in Taiwan when he believed the company had to look abroad. Acer&#8217;s chairman, JT Wang, responded at the time that Lanci had &#8220;hurt company&#8217;s business foundation.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taiwan computer maker Acer Inc has sued its former chief executive, Gianfranco Lanci, saying he breached a non-compete clause in an agreement covering his departure from the company in 2011.<\/p>\n","protected":false},"author":7,"featured_media":5674,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[1387,25,1389,1388],"class_list":["post-5667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-acer","tag-active","tag-gianfranco-lanci","tag-lenovo"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/5667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=5667"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/5667\/revisions"}],"predecessor-version":[{"id":5681,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/5667\/revisions\/5681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/5674"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=5667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=5667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=5667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}