Diodes Incorporated Announces Promotion of Gary Yu to President
26 Dezembro 2023 - 10:30AM
Business Wire
Promotion Further Supports Long-Term Succession
Plan
Diodes Incorporated (Diodes) (Nasdaq: DIOD) today announced that
as part of a multi-year CEO succession plan its board of directors
has approved the promotion of Gary Yu to President effective
January 2, 2024. Dr. Keh-Shew Lu will continue to serve as Chairman
and CEO until at least May 31, 2027, which is consistent with his
current employment agreement.
Mr. Yu joined Diodes in 2008 and currently serves as Chief
Operating Officer, a position he was appointed to in February 2023.
Prior to Diodes, he spent over 10 years at Lite-On Semiconductor as
Vice President of Worldwide Sales and at Texas Instruments in IT,
finance and manufacturing capacity planning. For more biographical
information, please see Diodes’ website at www.diodes.com.
As President, Mr. Yu will be working closely with Dr. Lu who
will continue managing the Company, overseeing strategic direction
and acting as the primary liaison between the Company and the board
of directors. All executive officers and regional presidents will
report to Gary.
Chairman and CEO, Dr. Keh-Shew Lu, commented, “Gary has been an
integral part of the Diodes’ organization since joining in 2008
from Lite-On Semiconductor and has risen in rank and responsibility
since that time. He has been a reliable and trusted partner for the
executive team and myself related to the strategic and operational
decisions at the Company. Over his tenure, Diodes has evolved
significantly from a product-focused company to a total solutions
sales approach, reaching $2 billion in revenue last year. His
extensive and in-depth knowledge of Diodes’ business, customers and
manufacturing operations provides a valuable foundation for his
expanded roles as a key executive leader.”
Gary Yu stated, “I am honored and excited to have the
opportunity to lead our talented global team in this new capacity.
Building on the Company’s strong foundation of operational
excellence, I am passionate about developing a broad portfolio of
innovative products to enable customer success in the various
markets we serve. Together with the team, we are energized by the
opportunities ahead of us and are committed to driving the next
stage of growth, financial performance and value creation for all
of our shareholders, employees, customers and partners alike.”
About Diodes Incorporated
Diodes Incorporated (Nasdaq: DIOD), a Standard and Poor’s
SmallCap 600 and Russell 3000 Index company, delivers high-quality
semiconductor products to the world’s leading companies in the
automotive, industrial, computing, consumer electronics, and
communications markets. We leverage our expanded product portfolio
of discrete, analog, and mixed-signal products and leading-edge
packaging technology to meet customers’ needs. Our broad range of
application-specific solutions and solutions-focused sales, coupled
with worldwide operations of 32 sites, including engineering,
testing, manufacturing, and customer service, enables us to be a
premier provider for high-volume, high-growth markets. For more
information visit www.diodes.com.
Automotive-compliant – AEC qualified, manufactured in IATF
certified facilities supporting PPAP documents.
The Diodes logo is a registered trademark of Diodes Incorporated
in the United States and other countries.
All other trademarks are the property of their respective
owners.
© 2023 Diodes Incorporated. All Rights Reserved.
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Company Contact: Diodes Incorporated Gurmeet Dhaliwal
Director, Investor Relations & Corporate Marketing P:
408-232-9003 E: Gurmeet_Dhaliwal@diodes.com Investor Relations
Contact: Shelton Group Leanne K. Sievers, President P:
949-388-0648 E: lsievers@sheltongroup.com
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