There is a new man at the top of Yuneec, the Chinese drone manufacturer YUNEEC International that has been struggling to keep pace with its chief rival DJI. The company has announced that Jiang Hao (Michael Jiang) is taking over the reins as Global Chief Executive Officer.
Michael was previously chairman and president of Motorola Systems China ad also served as Executive Vice President of Ericsson China and Northeast Asia. He will need the experience he has obtained in managing cross cultural enterprises, research and development etc as he takes over a company that has been forced to lay off employees over the last year. We Talk UAV also reported last month that Yuneec was having difficulty paying suppliers.
Michael graduated from the Royal Institute of Technology in Sweden with a Ph.D. in electrical engineering and has also engaged in extended studies at the North Carolina State University. Fluent in three languages, he lived in Sweden, the United States and Italy for 16 years.
In a statement Jiang Wenyan, co-founder and chairwoman of YUNEEC International, said,”With the growth of the business, YUNEEC is transitioning from a global start-up company to a truly multinational enterprise across research, development, marketing and sales. We believe Michael’s proven background in science and technology and rich management experience will accelerate global development and streamline world operations.”
YUNEEC’s has US headquarters in Ontario, CA. The company received a funding round of $60 million from Intel in February 2015.