ZTE has moved forward with plans to replace its top executives in a step meant to help ease tension with the U.S. Department of Commerce. Chief Technology Officer Zhao Xianming has replaced Shi Lirong as CEO. Shi remains a member of ZTE's board of directors. The company also removed executive vice presidents Tian Wenguo and Qiu Weizhao. The company didn't officially provide a reason for the change in leadership, but the switch comes a month after the U.S. accused ZTE executives of plotting to circumvent trade rules preventing the export of certain products to Iran. The Commerce Department put an export ban in place against ZTE blocking it from exporting U.S. goods. The government agreed to relax the restrictions as long as the executives involved in the deception were removed.
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