UMC Restructures Executive Team
2017年6月14日 - 2:30PM
ビジネスワイヤ(英語)
CEO Po-Wen Yen to retire; senior vice
presidents SC Chien and Jason Wang to succeed as co-presidents
UMC (NYSE: UMC; TWSE: 2303), a leading global semiconductor
foundry, today announced that its board of directors has appointed
senior vice presidents SC Chien and Jason Wang as co-presidents of
the company, following Po-Wen Yen’s retirement as UMC CEO. The
co-presidents are collectively accountable for the overall
performance of UMC, and will report to Chairman Stan Hung directly.
The transition will become effective immediately.
“Co-presidents Chien and Wang bring complimentary experience and
capabilities to enable UMC to have the best minds committed to our
most critical decisions and execution ability,” said Chairman Hung.
“With their respective roles clearly defined, I anticipate a very
smooth transition as we enter the next stage of UMC’s growth. Our
priorities going forward will include a high degree of customer
focus, consistent operational excellence, clear investment
strategy, and maximizing shareholder value.”
Chairman Hung continued, “We would like to extend our sincere
appreciation to CEO Yen for his 30+ years of dedicated service.
Under his leadership, UMC has established a solid foundation and
legacy for our co-presidents to build upon, and we wish him all the
best on his retirement as he continues to provide his knowledge,
experience, and service to our community and society.”
CEO Yen commented, “It has been a rewarding opportunity to have
helped UMC evolve during my five years as the company’s CEO. I am
honored to have worked with an exceptionally dedicated and skilled
team of executives and managers to bring benefits to UMC and its
customers, and firmly believe in the company’s positive direction
going forward. I have worked closely with Mr. Chien and Mr. Wang
for many years, and am convinced in their ability to lead UMC to
new heights as co-presidents. Meanwhile, after my retirement, I
look forward to further increasing my involvement in social and
charitable activities in order to bring heightened awareness to the
importance of mutual prosperity with our surrounding environment
and society.”
The responsibilities of the co-presidents will be structured as
follows:
- SC Chien will focus on the core
manufacturing and technology aspects of UMC including R&D and
operations. Mr. Chien possesses more than 30 years of semiconductor
R&D experience. He joined UMC in 1989, and throughout his 28
years at UMC, he has led multiple functions within the company,
including ATD (advanced technology development), STD (specialty
technology development), CE (customer engineering), TTD (technology
transfer and development), IPDS (IP & design support) and CM
(Corporate marketing).
- Jason Wang will focus on the business
aspects of UMC, including corporate strategy & planning, sales
& marketing, and customer engineering. Mr. Wang joined UMC as
vice president of Corporate Marketing in 2008. From 2009 to 2014,
he served as president of UMC-USA responsible for UMC North
American business. Most recently, he was senior vice president in
charge of Worldwide Sales and Corporate Marketing.
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor
foundry that provides advanced IC production for applications
spanning every major sector of the electronics industry. UMC’s
comprehensive foundry solutions enable chip designers to leverage
the company’s sophisticated technology and manufacturing, which
include high volume 28nm High-K/Metal Gate technology, 14nm FinFET
mass production, ultra-low power platform processes specifically
developed for Internet of Things (IoT) applications and the
automotive industry’s highest-rated AEC-Q100 Grade-0 manufacturing
capabilities for the production of ICs found in vehicles. UMC’s 11
wafer fabs are strategically located throughout Asia and are able
to produce nearly 600,000 wafers per month. The company employs
over 19,000 people worldwide, with offices in Taiwan, China,
Europe, Japan, Korea, Singapore, and the United States. UMC can be
found on the web at http://www.umc.com.
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward
looking within the meaning of the U.S. Federal Securities laws,
including statements about future outsourcing, wafer capacity,
technologies, business relationships and market conditions.
Investors are cautioned that actual events and results could differ
materially from these statements as a result of a variety of
factors, including conditions in the overall semiconductor market
and economy; acceptance and demand for products from UMC; and
technological and development risks. Further information regarding
these and other risks is included in UMC’s filings with the U.S.
Securities and Exchange Commission, including its registration
statements and reports on Forms F-1, F-3, F-6 and 20-F and 6-K, in
each case as amended. UMC does not undertake any obligation to
update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170613006610/en/
UMCRichard Yu, (886) 2-2658-9168 ext.
16951richard_yu@umc.com