Lenovo Boots American CEO

My guess is that, in light of this on-going economic crisis, 2009 will likely prove itself a banner year for executive shakeups. Chinese PC manufacturer Lenovo is starting at the top, replacing the head of its American wing, William J. Amelio.

A former Dell executive, Amelio signed a three-year contract with the company back in 2005. During his tenure with Lenovo, the company slipped to fourth place in the world PC market, behind Acer.

Amelio’s CEO spot will be filled by current chairman, Yang Yuanqing. Yuanqing’s position, in turn will be filled by the company’s founder, Liu Chuanzhi.

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