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Lenovo Names Three Strategic Hires

   

Research Triangle Park, N.C. - November 7, 2007 - Lenovo announced the appointment of Scott DiValerio as senior vice president and president, Americas Group. Effective December 3rd, he will report directly to company president and CEO, William Amelio and be responsible for the company's sales organization across the Americas. In separate announcements, the company has appointed Liu Jun as corporate SVP and president, Consumer Business Group and Craig Merrigan as the lead for global marketing in the Consumer Business Group reflecting the company's interest in moving into the consumer market in 2008.

Scott DiValerio
DiValerio, 45, replaces Rory Read, who served as acting president, Americas Group since January 2007, and will continue with the company in his current position as senior vice president, Global Operations.

"One of our key strategies is to grow our business in the Americas and Scott has a wide range of business experience and is well-suited to the task." said Amelio. "He is a great addition to the Lenovo management team, and I expect that he will hit the ground running."

DiValerio was most recently corporate vice president, Original Equipment Manufacturing (OEM) division at Microsoft, where he was responsible for Microsoft's relationships worldwide with makers of personal computers and other devices, multinational and regional OEMs, and embedded systems manufacturers. Prior to that, DiValerio was Microsoft's corporate vice president of Finance and Administration and chief accounting officer, responsible for worldwide management and external financial reporting, financial systems, and corporate accounting.

Liu Jun
Jun is a proven talent ideally suited to take on Lenovo's newest challenge - the consumer market. During his 14 years with Lenovo, he held several senior management positions and touched every part and process of its business. This depth of experience will enable him to launch trend-setting consumer products around the world, with a highly efficient business model built on Lenovo's success in China.

Craig Merrigan
Merrigan started his career at Quaker, a leading Consumer Packaged Goods company. His experience in that industry and with the IBM Consumer Division, will help him do an outstanding job launching Lenovo's consumer business globally.

About Lenovo
Lenovo (HKSE: 992)(ADR: LNVGY) is the world's third-largest personal computing company, with a business model built on innovation, operational efficiency and investment in emerging markets. Formed by Lenovo Group's acquisition of the former IBM Personal Computing Division, the company has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina, and develops, manufactures and markets reliable, high-quality, secure, and easy-to-use technology products and services worldwide. For more information, see www.lenovo.com/ca.