Piron Smart Technology: Parachuting a CEO from a Western Multinational (A)

Neng Liang (First Author), Chun Xie (Participant Author)

Research output: Other contributionCase Studies

Abstract

This two-case series focuses on a CEO succession issue in China. Piron Smart Technologies Co. Ltd., a private enterprise located in an underdeveloped region of China, is transitioning from a founder-centered to a professionally managed firm. In the summer of 2013, the founder and Chairman of Piron, Jian Wang, made an attempt to hire a senior executive as chief operating officer (COO) from a Western multinational firm, with the promise of promoting him to chief executive officer (CEO) later.
Original languageEnglish
Number of pages10
Publication statusPublished - 1 Jan 2011

Case number

OB-14-186

Case normative number

OB-14-186-CE

Case type

Field

Update date

2017-04-08

Published by

China Europe International Business School

Keywords

  • Ceo Succession
  • Organizational Reform
  • Parachute Manager
  • Private Enterprise
  • Recruitment
  • Strategy Transformation

Case studies discipline

  • Entrepreneurship
  • General Management
  • Human Resource Management
  • Strategy

Case studies industry

  • Manufacturing

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