Specialty in information technology, financials, consumer discretionary sectors*
Stan Shih co-founded Acer in 1976 under the name Multitech, and served as Chairman and CEO until his initial retirement in 2004. He returned in November 2013 to help lead Acer through its third corporate transformation. In June 2014 he stepped away from the daily operations and became Honorary Chairman.
A social entrepreneur, Shih now serves as Chairman of the StanShih Foundation. He is a member of the board at TSMC and Nan Shan Life Insurance. In social and public services, he is Chairman of the Cloud Gate Culture and Arts Foundation, and convener of the Cultural Tech Alliance, Taiwan. He is also a member of the board at the Public Television Service Foundation and the Chinese Television System.
Throughout his career, Shih has received numerous accolades, including Businessweek’s “25 Top Managers of the Year” (1996) and was featured in TIME in the article “60 years of Asian Heroes” (2006).
* Specialty sectors according to the Global Industry Classification Standard (GICS) classification, jointly developed by MSCI and the S&P Dow Jones Indices.