In Wake of Alibaba Succession News, Xiaomi Puts Younger Executives in Leadership Spots– Caixin Global

What happened: Chinese smartphone maker Xiaomi announced plans to put younger executives in leadership positions. In a dozen new appointments made by the company, a group of post-80 executives with an average age of 38.5 years old were named as head of various departments of the company to handle day-to-day operations.

Why it’s important: Xiaomi’s management shift comes on the heel of Alibaba’s management succession plan, which was announced last week. While China’s millennials are becoming its major consumer base, enterprises need to have young decision makers to keep pace with their customers. But for Chinese companies, especially those started around the beginning of this century, their culture is more about the personal identity and culture of the CEO. The tech giants have some serious work ahead for management transitions.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.