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The kind of promotion we like

Today's Wall Street Journal carries an interesting story about Lenovo, the Hong Kong-based technology company which bought IBM's PC division for $1.25bn a couple of years ago. The company has just returned to profit, largely thanks to its chief financial officer, Mary Ma.

As Citigroup analyst, Kirk Yang, told the newspaper, "Mary Ma is the person who put Lenovo on the map." Her departure is seen as something of a blow by investors.

Happily, help is at hand in the form of her replacement Wong Wai Ming (cue Ming the merciless puns by the thousand), the current chief executive of Roly International Holdings Group. I'll repeat that. A current chief executive is moving to become chief financial officer.

We congratulate him on his promotion.

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