Tatung Co (大同) chairman Lu Ming-kuang (盧明光) and president Chaney Ho (何春盛) yesterday announced their resignations, adding further uncertainty at the troubled conglomerate which has undergone several changes to its management team since last year.
When he took the job late last year, 72-year-old Lu had envisioned implementing a five-year plan to turn the company around before retiring again. Yesterday, he said he was proud of what he had achieved since returning to the company.
“I’ve not done wrong by the largest shareholder, the employees or the investors who came in because they believed in my management team,” Lu told a