Research Triangle Park, NC – September 10, 2013: Yang Yuanqing, Chairman and Chief Executive Officer of Lenovo (HKSE: 992) (ADR: LNVGY), has joined the International Advisory Council of the Washington, DC-based Brookings Institution, a globally-recognized independent and nonpartisan research organization.
The International Advisory Council is a select group of distinguished and influential international business and community leaders drawn from 25 countries on five continents. The role of the Advisory Council is to provide advice and diverse perspectives in helping the Brookings Institution address a wide range of significant global economic, political, social and cultural issues.
“I’m honored to be part of the Brookings Institution’s International Advisory Council,” Mr. Yang said. “As a leading and diverse global company, Lenovo has both the opportunity and responsibility to actively participate in discussions and programs that can help improve social, cultural and economic conditions. This role with such an esteemed organization will allow Lenovo to share its unique global point of view and, I hope, make a meaningful contribution to Brookings’s most important initiatives.”
“Yuanqing is a proven global leader, who has elevated Lenovo to the top of its industry by developing a global strategy, putting together a notably diverse leadership team, and formulating a distinct perspective on many of the technological issues confronting the global community,” said John Thornton, Chair of the Board of the Brookings Institution.
Yang Yuanqing returned to Lenovo’s chairman position in 2011 and has been leading Lenovo’s global business as CEO since 2009. Under his leadership, Lenovo has become the largest PC manufacturer in the world; significantly expanded its PC Plus offerings (including tablets and smartphones) and become the third largest maker of smart connected devices worldwide. Lenovo has approximately 46,000 employees located in 60+ countries worldwide including its various joint ventures in countries like Germany, Japan, the U.S. and Brazil; and it has customers in more than 160 countries. At Lenovo, Yang Yuanqing leads a balanced and diverse global leadership team, with the top 10 leaders representing 7 nationalities, while the top 100 executives have 17 different nationalities.
Strobe Talbott, President of the Brookings Institution said, “A true global citizen, Yang Yuanqing will contribute a wealth of experience and insight as a member of the Brookings IAC, providing invaluable guidance and leadership to our efforts.”
Mr. Yang has been named “Best CEO” by Barron’s, “Businessman of the Year” by Forbes Asia, one of the “Stars of Asia” by BusinessWeek magazine and “Chinese Business Leader of the Year” by Fortune China. He was also named by CCTV as “Annual Economic Figure” in 2004 and 2012.
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Lenovo (HKSE: 992) (ADR: LNVGY) is a US$34 billion personal technology company – the largest PC maker in the world and an emerging PC Plus leader – serving customers in more than 160 countries. Dedicated to exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly-efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo, a global Fortune 500 company, has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information see www.lenovo.com.
The Brookings Institution is a nonprofit public policy organization based in Washington, DC. Our mission is to conduct high-quality, independent research and, based on that research, to provide innovative, practical recommendations that advance three broad goals: strengthen American democracy; foster the economic and social welfare, security and opportunity of all Americans; and secure a more open, safe, prosperous and cooperative international system. Brookings is proud to be consistently ranked as the most influential, most quoted and most trusted think tank.