May 20, 2020

Xiaomi undergoes company restructure to promote young talent and ensure longevity

smartphone
Xiaomi
Tech
Lei Jun
2 min
Xiaomi undergoes company restructure to promote young talent and ensure longevity
Lei Jun, founder and chief executive of Xiaomi, has informed staff at the electronics company that the firm will be restructuring to ensure hierarchical stability and offer young talent room to grow
 
Beijing-based Xiaomi, known for its value-centric approach to the smartphone market, launched its Hong Kong IPO in July and raised US$5.4bn.
 
According to South China Morning Post, which reported on the internal letter to Xiaomi staff, the restructuring will include the creation of two new departments.
 
One of these new departments will oversee hiring, promotion, and training, while the other will be tasked with managing the company’s development strategy as well as monitoring the progress of individual business units.
 
Channel NewsAsia said that Xiaomi’s restructuring “will rejig its businesses and create new leadership positions aimed at building a second tier to CEO Lei Jun, amid increased scrutiny of governance and successions at Chinese tech firms”.
 
“It also would reshuffle its four main business units into 10 to promote younger managers”, Channel NewsAsia continued.
 
“A majority of the newly-appointed leadership belonged to the post-1980s generation”.
 
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The restructuring comes alongside pressure in China’s tech industry to ensure sustainable hierarchies.
 
“There has been concern that companies like JD.com are too leader-centric and it is almost the same for Xiaomi as Lei Jun is the face of the company”, said Professor Lawrence Loh, director of the Centre of Governance, Institutions, and Organisations at the National University of Singapore.
 
“Investors and stakeholders are concerned about these one-man internet companies where the company rises and falls with one iconic figure”.
 
Xiaomi’s restructuring therefore demonstrates an effort to mitigate this risk.

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Jul 24, 2021

Amobee Appoints Nick Brien As CEO

Technology
Amobee
Leadership
advertising
Elise Leise
2 min
Nick Brien, a CEO with a proven advertising track record, will help Amobee achieve digital growth

In its latest strategic move, Amobee—a global multimedia advertising leader—announced that Nick Brien will be its Chief Executive Officer. The company is entirely owned by Singtel, Asia’s leading communications technology organisation, which provides consumers with mobile, broadband, and TV and businesses with data hosting, cloud, network infrastructure, analytics, and cybersecurity tools. 

Brien, who has worked for Microsoft, Intel, P&G, and American Express, will take over to drive the next generation of advertising tech. Said Evangelos Simoudis, Chairman of the Board of Amobee: ‘Nick has the deep expertise in advertising that we need to seize the market opportunities ahead’. 

How Did Brien Get Here? 

Before joining Amobee, Brien led 15,000 people across 40 divisions as CEO of the Americas for Dentsu International. For thirty years, he’s helped brands pilot unique advertisements, keeping up with the latest trends. He’s served as CEO of McCann Worldgroup, global CEO of IPG Mediabrands, President of Hearst Marketing Services, and CEO of iCrossing. Over the course of his career, he’s consistently strategised how to keep up with digital shifts. Now, he’ll capitalise on Amobee’s legions of experienced data scientists and developers. 

‘I’m excited to be joining Amobee at such a transformative time in our industry’, Brien explained. ‘We’ll pilot advertising accountability and intelligent decisioning. And there’s no doubt in my mind that optimising media performance—whether you’re targeting, planning, buying, or delivering—can only be achieved using applied science, machine learning, and data analytics’. 

What Does This Mean for Amobee? 

Amobee is set on growing its personal brand within the advertising sector. As APAC social media influencers, Gen Z growth hackers, and viral content producers start to enter the field, established companies will be working doubly hard to keep up. Amobee, however, is still looking good. With a Gartner Magic Quadrant for Ad Tech, a Forrester New Wave recognition, and now, Nick Brien as CEO, the firm is set up for success. 

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