Oh no :(



*Matthew Costello is the most senior exec to step down after string of
high-profile departures, **Bloomberg** reports*

HTC <http://www.androidcentral.com/tags/htc> Chief Operating Officer
Matthew Costello has joined the list of high-profile executives to step
down, according to a report from *Bloomberg*. Costello becomes the most
senior employee to leave his job at the Taiwanese manufacturer, after a series
of high-profile resignations were reported last
month<http://www.androidcentral.com/htc-product-chief-reportedly-leaves-company>.
According to an internal email seen by *Bloomberg*, HTC's president of
engineering and operations Fred Liu will take over Costello's duties in a
new, expanded role. Costello, the publication reports, will stay on in an
executive advisory role following a move to Europe.

News of Costello's departure comes soon after the company reported improved
May 2013 
revenues<http://www.androidcentral.com/htc-sees-revenue-uptick-may-2013>following
the launch of its flagship HTC
One <http://www.androidcentral.com/htc-one> smartphone. However HTC has
seen its market share and revenues dwindle over the past year, only
recently showing signs of a turnaround off the back of the HTC One launch.

Other recent HTC
departures<http://www.androidcentral.com/htc-product-chief-reportedly-leaves-company>have
included the manufacturer's Asia CEO Lennard Hoornik, EMEA president
Florian Seiche and Chief Product Officer Kouji Kodera.

Source: 
Bloomberg<http://www.businessweek.com/news/2013-06-04/htc-operations-chief-steps-down-as-profit-slumps-on-phone-delays>



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Japri : [email protected]

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