Lenovo Boss Falls on Sword as Losses Mount

Lenovo: New World. New Thinking. New CEO. New Chairman.

For Lenovo, it’s a bit like Michael Dell returning to Dell. Or Steve Jobs returning to Apple. Stung by a brutal third-quarter loss, its first in nearly three years, the PC maker ousted CEO Bill Amelio and called in former CEO Yang Yuanqing and founder Liu Chuanzhi to reverse its declining fortunes.