Lenovo 2013 Annual Report Download - page 98

Download and view the complete annual report

Please find page 98 of the 2013 Lenovo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 188

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188

DIRECTORS’ REPORT
Lenovo Group Limited 2012/13 Annual Report
96
Directors
The directors during the year and up to the date of this report are:
Chairman and Executive Director
Mr. Yang Yuanqing
Non-executive Directors
Mr. Zhu Linan
Ms. Ma Xuezheng
Dr. Wu Yibing
Mr. Zhao John Huan
Independent Non-executive Directors
Mr. Ting Lee Sen
Dr. Tian Suning
Mr. Nicholas C. Allen
Mr. Nobuyuki Idei
Mr. William O. Grabe
Mr. William Tudor Brown (appointed on January 30, 2013)
Professor Woo Chia-Wei (resigned on July 3, 2012)
In accordance with articles 92 and 101 of the Company’s articles of association, Mr. William Tudor Brown, Mr. Yang Yuanqing, Dr.
Wu Yibing, Dr. Tian Suning and Mr. Nicholas C. Allen will retire and are eligible for re-election at the AGM.
The Company has received from each of the independent non-executive directors an annual confirmation of his independence
pursuant to rule 3.13 of the Rules Governing the Listing of Securities on the Stock Exchange (“Listing Rules”). The Nomination
and Governance Committee has duly reviewed the independence of each of these directors. The Company considers they are
independent.
Biography of Directors and Senior Management
Honorary Chairman
Mr. Liu Chuanzhi, 69, has been the Honorary Chairman and a Senior Advisor of the Company since November 3, 2011. Mr. Liu is
the founder of the Group and held the positions of executive director, non-executive director and chairman of the Board at different
times from 1993 until his resignation from the Board on November 3, 2011. As the Honorary Chairman, Mr. Liu is not a director or
an officer of the Company or any subsidiary of the Company, and does not have any management role in the Company or any of
its subsidiaries. He graduated from the Xi’an Military Communications Engineering Institute (now Xidian University) in China and has
substantial experience in corporate management. Mr. Liu is the chairman of Legend Holdings Limited, the controlling shareholder
of the Company.
Biography of directors
Chairman and executive director
Mr. Yang Yuanqing, 48, is Chief Executive Officer and an executive director of the Company and has been appointed as the
Chairman of the Board on November 3, 2011. He is also a director and a shareholder of Sureinvest Holdings Limited which holds
interests in the issued share capital of the Company. Mr. Yang assumed the duties of chief executive officer on February 5, 2009.
Prior to that, he was the chairman of the board from April 30, 2005. Before taking up the office as chairman, Mr. Yang was the
chief executive officer and has been an executive director since December 16, 1997. He has more than 20 years of experience in
the field of computers. Under his leadership, Lenovo has been China’s best-selling PC brand since 1997. Mr. Yang holds a Master’s
degree from the Department of Computer Science at the University of Science and Technology of China. Mr. Yang is also a guest
professor at the University of Science and Technology of China and a member of the New York Stock Exchange’s International
Advisory Committee.