5 Companies That Dropped The Ball This Week

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HTC Suffers Executive Brain Drain

Once-high-flying smartphone manufacturer HTC is said to be in disarray following an exodus of company executives. Chief product officer Kouji Kodera and global communications vice president Jason Gordon are the latest executives to leave the Taoyuan, Taiwan-based company.

The company confirmed the departures. "HTC continues to invest in talent and recruitment as part of our broader human resources strategy to ensure the continued strength of our company’s organizational structure," HTC said in a statement.

Kodera and Gordon follow other executives, including HTC Asia CEO Lennard Hoornik, who have headed for the exits as the company experiences declining revenue and weak demand for the HTC First "Facebook Phone."


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