The Chinese National Federation of Industries (
Lin had previously said that he hoped that his dropping out of a re-election bid would set a good example for future chairman, encouraging them to only serve one term.
Ho, 63, is chairman of Tung Ho Steel Enterprise Corp (
Before heading Tung Ho, Ho served as chairman of the government-funded Taiwan Aerospace Corp (
Two new vice chairmen were also elected yesterday to assist Ho. They are Chen Wu-hsiung (
Before the election, both Chen and Pan participated in an ad-hoc coordination task force and successfully sought reconciliation and negotiated for a final choice among several possible candidates competing for the chairmanship. However, they were not expected to take up the posts of vice chairman. Instead, Ho's former rivals Lin Por-fong (林伯豐), president of Taiwan Glass Industry Corp (台玻), and Rock Hsu (許勝雄), chairman of Compal electronics Inc (仁寶) and Taiwan Electrical and Electronic Manufacturers Association (電電公會) were expected to be appointed as vice chairmen.
Hsu will serve as a standing board member while Lin will head the supervisory board.
The business group also reshuffled half of its 45-member board and its 15-member supervisory board.



