Acer Names Former TSMC Executive As CEO

Acer Inc. named Jason Chen, a former vice president of worldwide sales and marketing at Taiwan Semiconductor Manufacturing Co., as president and chief executive officer. Chen, whose resignation from the world’s largest contract maker of chips was announced earlier today, will take up the role with Taipei-based Acer from Jan. 1, according to a statement to Taiwan stock exchange. Stan Shih, who founded the computer maker in 1976, returned to run Acer in November after a record loss and the resignation of leaders he’d entrusted with its management.