Stan Shih returns in Acer reshuffle

Acer's Stan ShihThe founder of Acer – Stan Shih – has returned to the company he founded as chairman and interim president.

That follows CEO and chairman JT Wang stepping down, along with president Jim Wong.

Acer has been particularly hard hit by the slump in PC sales over several quarters and we guess the return of Shih is seen by the board as giving the company’s fortunes a blip.

Shih saw Acer’s fortunes rise during the 1990s as he turned the company from yet another PC manufacturer to become a global player competing with the likes of Dell, HP and Lenovo.

He retired some years ago and observers see little respite in PC performance as people move away from notebooks to tablets and smartphones.