Acer CEO resigns as company posts record loss

Just 24 hours after one tech heavyweight lost its CEO, another has been forced to bow out of the game. After his company posted a huge loss and wrote off a chunk of value from sub-brands Gateway and Packard Bell, Acer CEO and Chairman JT Wang has decided to resign. In an email statement, the executive expresses regret that he couldn't lead the firm back to prosperity and takes responsibility for the recent spate of huge losses.

via Tech News Headlines - Yahoo! News http://www.engadget.com/2013/11/05/acer-jt-wang-resigns-after-losses-jim-wong-to-replace-him-january-1st?ncid=txtlnkusaolp00000589