Yih-Shyan (Wally) Liaw Joins Supermicro Board of Directors
08 Dezembro 2023 - 6:05PM
Business Wire
Super Micro Computer, Inc. (Nasdaq: SMCI), a Total IT
Solution Manufacturer for AI, Cloud, Storage and 5G/Edge, today
announced the appointment of Yih-Shyan (Wally) Liaw to the Board of
Directors.
“I am pleased to announce that Wally Liaw has been appointed to
Supermicro’s Board as a Director," said Charles Liang, President
and CEO. "As a Co-founder of Supermicro, Wally has excelled in
leading Supermicro efforts in Strategic Business Development and
Corporate Growth initiatives, and we look forward to his future
contributions.”
Mr. Liaw co-founded the Company in 1993. From the Company’s
founding until January 2018, Mr. Liaw was an employee and held
various executive positions in the Company, including Senior Vice
President of Worldwide Sales and Corporate Secretary. He was also a
member of the Board of Directors from 1993 until January 2018. In
January 2018, Mr. Liaw resigned from all his positions with the
Company, including from the Board of Directors, during a period
when the Company was not current in its filings with the Securities
and Exchange Commission, and, following completion of an Audit
Committee investigation, in connection with a restructuring of the
Company’s sales organization as part of the Company’s remediation
of material weaknesses in its internal control over financial
reporting. From February 2018 until June 2020, Mr. Liaw was
retired. From June 2020 until April 2021, Mr. Liaw was the
president of 2CRSi Corporation, a company headquartered in
Strasbourg, France that develops, produces and sells
high-performance customized, environmentally-friendly servers. Mr.
Liaw returned to the Company as a consultant in May 2021, advising
the Company with respect to business development matters. In August
2022, Mr. Liaw returned to full-time employment with the Company as
Senior Vice President, Business Development. Mr. Liaw holds an M.S.
in Computer Engineering from University of Arizona, an M.S. in
Electrical Engineering from Tatung Institute of Technology in
Taiwan, and a B.S. degree from Taiwan Provincial College of Marine
and Oceanic Technology.
Cautionary Statement Regarding Forward Looking
Statements
Statements contained in this press release that are not
historical fact may be forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Such forward-looking
statements may relate to, among other things, the future
contributions Mr. Liaw can make to the Company. Such
forward-looking statements do not constitute guarantees of future
performance and are subject to a variety of risks and uncertainties
that could cause our actual results to differ materially from those
anticipated, including: (i) our quarterly operating results may
fluctuate, which could cause rapid declines in our stock price,
(ii) as we increasingly target larger customers and larger sales
opportunities, our customer base may become more concentrated, our
cost of sales may increase, our margins may be lower and our sales
may be less predictable, (iii) if we fail to meet publicly
announced financial guidance or other expectations about our
business, our stock could decline in value, (iv) the average sales
prices for our server solutions could decline if customers do not
continue to purchase our latest generation products or additional
components, and (v) adverse economic conditions may harm our
business. Additional factors that could cause actual results to
differ materially from those projected or suggested in any
forward-looking statements are contained in our filings with the
Securities and Exchange Commission, including those factors
discussed under the caption "Risk Factors" in such filings,
particularly in our Annual Report on Form 10-K for our fiscal year
ended June 30, 2023 and quarterly reports on Form 10-Q filed
thereafter.
About Super Micro Computer, Inc.
Supermicro (NASDAQ: SMCI) is a global leader in
Application-Optimized Total IT Solutions. Founded and operating in
San Jose, California, Supermicro is committed to delivering first
to market innovation for Enterprise, Cloud, AI, and 5G/Edge IT
Infrastructure. We are a Total IT Solutions manufacturer with
server, AI, storage, IoT, switch systems, software, and support
services. Supermicro’s motherboard, power, and chassis design
expertise further enables our development and production, enabling
next-generation innovation from cloud to edge for our global
customers. Our products are designed and manufactured in-house (in
the US, Taiwan, and the Netherlands), leveraging global operations
for scale and efficiency and optimized to improve TCO and reduce
environmental impact (Green Computing). The award-winning portfolio
of Server Building Block Solutions® allows customers to optimize
for their exact workload and application by selecting from a broad
family of systems built from our flexible and reusable building
blocks that support a comprehensive set of form factors,
processors, memory, GPUs, storage, networking, power, and cooling
solutions (air-conditioned, free air cooling or liquid
cooling).
Supermicro, Server Building Block Solutions, and We Keep IT
Green are trademarks and/or registered trademarks of Super Micro
Computer, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20231208503934/en/
Investor Relations Contact Nicole Noutsios email:
ir@supermicro.com
Super Micro Computer (NASDAQ:SMCI)
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