Huawei Founder Ren Splits CEO Role With Rotating Panel

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Huawei Technologies Co., China’s largest maker of phone equipment, said its founder Ren Zhengfei is splitting the role of chief executive officer with a panel of three executives who will rotate at six-month intervals.

Deputy Chairmen Guo Ping, Xu Zhijun, who uses the English name Eric, and Hu Houkun, who uses the name Ken, will join Ren as co-CEOs, spokesman Ross Gan said in an interview yesterday. Ren, 67, retains his title as a deputy chairman of Huawei, according to the company’s annual report released yesterday.