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Chunghwa Telecom Announces Appointment of Vincent Y.S. Chen as Senior Executive Vice President and Chief Financial Officer

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Chunghwa Telecom (CHT) announced the appointment of Vincent Y.S. Chen as Senior Executive Vice President and Chief Financial Officer, effective September 1, 2020. Chen, who holds a Ph.D. in Accounting, brings extensive experience from academia and research in finance. Chunghwa Telecom expects his leadership to enhance its financial and accounting performance, aiming to strengthen its position as a world-class telecommunications provider.

Positive
  • Vincent Y.S. Chen's extensive experience in finance may improve Chunghwa Telecom's financial performance.
  • The appointment may bring new perspectives and innovative strategies to the company.
Negative
  • Concerns may arise regarding continuity and experience gaps due to a significant leadership change.

TAIPEI, Aug. 6, 2020 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. ("CHT", "Chunghwa Telecom" or the "Company", TAIEX: 2412, NYSE: CHT) announced that its Board of Directors yesterday has appointed Mr. Vincent Y.S. Chen as Senior Executive Vice President and Chief Financial Officer of Chunghwa Telecom, effective on September 1, 2020.

Mr. Vincent Y.S. Chen, Ph.D. in Accounting from State University of New York at Buffalo, former head of Accountancy Sector Research Centre of Singapore Accountancy Commission, is now a professor in the Department of Accounting at National Chengchi University. Chunghwa Telecom expects to leverage his experience and outstanding academic performance in the financial field, government and the academia in Taiwan and Singapore, to further improve the company's financial and accounting performance and become a world-class enterprise.

About Chunghwa Telecom

Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the Company") is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. In recent years, Chunghwa has been actively involved in corporate social responsibility and has won domestic and international awards and recognition. For more information, please visit our website at www.cht.com.tw

Cision View original content:http://www.prnewswire.com/news-releases/chunghwa-telecom-announces-appointment-of-vincent-ys-chen-as-senior-executive-vice-president-and-chief-financial-officer-301107581.html

SOURCE Chunghwa Telecom Co., Ltd.

FAQ

Who is the new CFO of Chunghwa Telecom?

Vincent Y.S. Chen has been appointed as the new Senior Executive Vice President and CFO.

When does the new CFO of CHT take office?

Vincent Y.S. Chen will assume his role on September 1, 2020.

What experience does Vincent Y.S. Chen bring to Chunghwa Telecom?

Chen has a Ph.D. in Accounting and has held significant roles in academia and finance.

How might the appointment of Vincent Y.S. Chen affect CHT?

His expertise is expected to enhance the company's financial performance and strategic decision-making.

CHUNGHWA TELECOM CO., LTD

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