Huawei recently announced that it will be Guo Ping's rotating chairman from April 1, 2020 to September 30, 2020.
Guo Ping's last rotating chairman was Xu Zhijun, who as the rotating chairman, the last event publicly attended was the press conference of Huawei's 2019 annual report on March 31.
According to Huawei's regulations, the rotating chairman is the company's top leader during his duty, chairing the company's board of directors and the board's standing committee.
On March 23, 2018, Huawei elected to establish a new board of directors. Sun Yafang resigned as chairman of the company and was replaced by Liang Hua.
The founder, president and CEO of Huawei no longer holds the position of vice-chairman and continues to retain the position of director. The vice-chairman is replaced by Meng Wanzhou (ren Zhengfei's daughter), former Huawei CFO and executive director.
In addition, Guo Ping, Xu Zhijun and Hu Houkun will also become the new Huawei vice-chairmen, with Ding Yun, Yu Chengdong and Wang Tao serving as managing directors.
In this executive replacement, Huawei's original collective leadership system, the rotating CEO system, was officially changed to the rotating chairman system.
The rotating chairman will be Huawei's top leader during his duty period, with a rotation period of six months. The three current rotating CEOs Guo Ping, Xu Zhijun and Hu Houkun were all elected as the company's rotating chairman.