On january 9, lenovo holdings co., ltd. changed to ningmin, the former chairman of lenovo holdings and the company's legal representative, according to xinjing news. It also marks the official end of Liu Chuanzhi's retirement.
On December 18,2019, Lenovo Holdings Limited (Lenovo Holdings) announced that, in accordance with the established plan, Lenovo Holdings Chairman, Executive Director and Founder of Lenovo Group, Liu Chuanzhi, will step down as Chairman and Executive Director of Lenovo Holdings, will serve as Honorary Chairman of Lenovo Holdings, Senior Advisor and Member of the Board of Directors Strategy Committee; and Lenovo Holdings Executive Director and President Zhu Linnan, will remain as Chairman of Lenovo Holdings and will serve as a member of the Board Strategic Committee. Lenovo Holdings Executive Director, Senior Vice President, Chief Financial Officer Ning Min took over as Chairman and chaired the nomination committee and the Strategy Committee.
At the same time, the board passed, the company's senior vice president Li Peng as chief executive (CEO), the board also nominated Li Peng as the company's executive director. Ningmin and Li Peng, as Lenovo's new leadership core, will lead the company to continue to move towards a vision.
Enterprise data also showed that with liu chuanzhi to leave the board, as well as the former chairman of the board of supervisors li qin. Joining Li Peng on the board was Gao Qiang, the new chairman of the supervisory board.