Management overhaul at Foxconn: iPhone Czar, CFO to enter Terry Gou’s circle

Hon Hai Precision Industry Co. will appoint its group finance chief and the overseer of the world’s largest iPhone production base to a newly created operations committee, anointing potential successors to billionaire founder Terry Gou.

Hon Hai, the largest listed arm of Foxconn Technology Group, is establishing a body of nine executives who will represent its top decision-making unit after the board, the company said in exchange filings, confirming a previous report from Bloomberg News. They include Foxconn Chief Financial Officer Huang Chiu-lian and Lin Zheng-hui — known also as Lin Cheng-hui — who heads the company’s enormous iPhone-making facility in central China’s Zhengzhou. The group will rule on major business matters, a person familiar with the matter said, asking not to be identified because the appointments aren’t public.