Kulicke & Soffa CEO Scott Kulicke Plans to Retire in 2011
The Company's Board of Directors will promptly begin a search for a new CEO, and expects to include both internal and external candidates.
Mr. Kulicke commented, "We are starting the process well in advance of my actual retirement date so the Board can ensure they get the best possible successor and to provide for an orderly transition period. Until then we will conduct business as usual, delivering the highest technology products at the best value while maintaining our traditionally high levels of customer satisfaction."
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC) is a global leader in the design and manufacture of semiconductor assembly equipment. As a pioneer in this industry, K&S has provided customers with market leading packaging solutions for decades. In recent years K&S has expanded its product offerings through strategic acquisitions, adding die and wedge bonders and a broader range of expendable tools to its core ball bonding products. Combined with its extensive expertise in process technology, K&S is well positioned to help customers meet the challenges of assembling the next-generation semiconductor devices. (www.kns.com)
SOURCE: Kulicke & Soffa Industries Inc.
Kulicke & Soffa
Director - Investor Relations & Corporate Communications