Privatization: Board still lacks chairman

The Executive Yuan yesterday failed to find a new chairman for the state-owned Taiwan Tobacco and Wine Board from a pool of four finalists, Lee Yi-yang (李逸洋), director general of the Cabinet's Central Personnel Administration said yesterday. "That means we'll have to start the recruitment process all over again," he said. "We hope those who have both practical experience in business management and a clear vision for the privatization of the board will apply for the job." The board, whose organizational structure changed on July 1, is the first state-run enterprise to adopt the public recruitment practice. The change comes as the board prepares for privatization on July 1, 2005.