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Lenovo’s founder Liu Chuanzhi to retire

FILE PHOTO: Legend Holdings chairman Liu Chuanzhi attends a press conference on the annual results, in Hong Kong, China, March 30, 2016. REUTERS/Bobby Yip

(Reuters) – Lenovo Group founder Liu Chuanzhi, is located at the end of the year as well as the chairman of the ultimate parent company of the Legend Holdings, the company said on Wednesday.

Seventy-five-year-old Liu, who founded Legend Holdings in 1984, and was retired as chairman of the Lenovo Group in 2011 to focus on the parent company.

Legend, veteran of the Regulation of mines, who joined the company in 1991 and has held several senior positions over the years, including the company’s chief financial officer, has been appointed as the new chairman.

Reporting Rushil Dutta in Bengaluru; Editing by Vinay Dwivedi

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