Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S"
or the "Company") announced today that Jonathan Chou has stepped down as
Executive Vice President, Chief Financial Officer and Principal
Accounting Officer of the Company effective immediately to spend more
time with his family and to pursue other interests but will remain with
the Company until February 28, 2018 to ensure an orderly transition. The
Board of Directors has named Lester A. Wong, Kulicke & Soffa's General
Counsel & Senior Vice President, Legal Affairs, to fill the role of
interim Chief Financial Officer and the Company will conduct a search
for a permanent successor among external and internal candidates.
Fusen Chen, President and Chief Executive Officer, stated "I would like
to thank Jonathan for all his efforts and contribution to Kulicke &
Soffa during the last 7 years. He has built an outstanding finance team
and implemented robust financial processes which helped contribute to
the success of the Company's businesses and operations. Lester has
worked closely with myself, the Board and the Finance team as General
Counsel for many years and the Board and I are confident that he will
provide strong leadership to the Finance team."
Mr. Wong, 51, has been Kulicke & Soffa's General Counsel since 2011. His
career includes roles as General Counsel and Senior Legal Counsel of
several Asia based US listed companies where he played key roles in
managing the company's public reporting, compliance, litigation and M&A
activities. Mr. Wong has a JD from the University of British Columbia
and a BSc degree from Western University.
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor
packaging and electronic assembly solutions supporting the global
automotive, consumer, communications, computing and industrial segments.
As a pioneer in the semiconductor space, 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 and
organic development, adding advanced packaging, electronics assembly,
wedge bonding and a broader range of expendable tools to its core
offerings. Combined with its extensive expertise in process technology
and focus on development, K&S is well positioned to help customers meet
the challenges of packaging and assembling the next-generation of
electronic devices. (www.kns.com)
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Kulicke & Soffa Industries, Inc.
Source: Kulicke & Soffa Industries, Inc.
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