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Silicon Motion Technology (SIMO) announced the appointment of Jason Tsai as Interim Chief Financial Officer, succeeding Riyadh Lai. The company recognizes Lai's contributions over 17 years and expresses confidence in Tsai's abilities. Tsai, with over 10 years of experience at the company, has a strong finance background in hardware, semiconductor, and software industries. Silicon Motion has also begun the search for a permanent CFO.
Silicon Motion Technology (SIMO) ha annunciato la nomina di Jason Tsai come Direttore Finanziario ad interim, succedendo a Riyadh Lai. La società riconosce i contributi di Lai in 17 anni di servizio e esprime fiducia nelle capacità di Tsai. Quest'ultimo, con oltre 10 anni di esperienza nell'azienda, possiede una solida formazione finanziaria nel settore del hardware, dei semiconduttori e del software. Silicon Motion ha inoltre iniziato la ricerca di un CFO permanente.
Silicon Motion Technology (SIMO) anunció el nombramiento de Jason Tsai como Director Financiero interino, sucediendo a Riyadh Lai. La empresa reconoce las contribuciones de Lai durante 17 años y expresa confianza en las capacidades de Tsai. Tsai, con más de 10 años de experiencia en la compañía, tiene una sólida formación financiera en las industrias de hardware, semiconductores y software. Silicon Motion también ha comenzado la búsqueda de un CFO permanente.
실리콘 모션 테크놀로지(SIMO)는 제이슨 차이(Jason Tsai)를 임시 최고재무책임자(CFO)로 임명했다고 발표했습니다. 그는 리야드 라이(Riyadh Lai)의 후임자입니다. 회사는 라이가 17년 동안 기여한 공로를 인정하며 차이의 능력에 대해 신뢰를 표합니다. 차이는 회사에서 10년 이상 근무하면서 하드웨어, 반도체, 소프트웨어 산업에서 강력한 재무 배경을 갖추고 있습니다. 또한 실리콘 모션은 상임 CFO를 찾기 위한 검색을 시작했습니다.
Silicon Motion Technology (SIMO) a annoncé la nomination de Jason Tsai en tant que directeur financier intérimaire, succédant à Riyadh Lai. L'entreprise reconnaît les contributions de Lai au cours de ses 17 années de service et exprime sa confiance dans les compétences de Tsai. Tsai, qui possède plus de 10 ans d'expérience au sein de la société, a un solide background financier dans les secteurs du matériel informatique, des semi-conducteurs et des logiciels. Silicon Motion a également commencé la recherche d'un CFO permanent.
Silicon Motion Technology (SIMO) hat die Ernennung von Jason Tsai zum Interim Chief Financial Officer bekanntgegeben, als Nachfolger von Riyadh Lai. Das Unternehmen würdigt die Beiträge von Lai über 17 Jahre hinweg und bringt sein Vertrauen in Tsais Fähigkeiten zum Ausdruck. Tsai, der über mehr als 10 Jahre Erfahrung im Unternehmen verfügt, hat einen starken finanziellen Hintergrund in den Bereichen Hardware, Halbleiter und Software. Silicon Motion hat ebenfalls die Suche nach einem permanenten CFO begonnen.
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TAIPEI, Taiwan and MILPITAS, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”) today announced that Jason Tsai, currently VP of IR and Finance at Silicon Motion, has been appointed Interim Chief Financial Officer of the Company effective as of April 25, 2024. Mr. Jason Tsai succeeds Mr. Riyadh Lai who will be stepping down as Chief Financial Officer, effective as of April 25, 2024.
Mr. Riyadh Lai will be staying on with the Company where he will continue to support the Company’s various strategic and investment initiatives to deliver value to our stockholders.
Wallace Kou, Chief Executive Officer of Silicon Motion, said, “We are thankful for Riyadh and his many contributions to Silicon Motion as its Chief Financial Officer for more than 17 years. Riyadh is an experienced leader, with deep familiarity with the Company and the industry, and I am confident he will continue to provide the Company with valuable services.”
Mr. Kou continued, “Jason, as our VP of IR and Finance, has made significant contributions to the strong operation of our finance team and financial results of the Company over the last few months. Jason, who had previously been with the Company for more than 10 years, and recently rejoined, has had an accomplished finance career and held senior leadership roles in the hardware, semiconductor and software industries. He has demonstrated successes in key financial and operational disciplines, including experience in finance, FP&A, and strategic planning.”
The Company has initiated a search process for the permanent Chief Financial Officer position.
ABOUT SILICON MOTION:
We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world for servers, PCs and other client devices and are the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.
Who has been appointed as the Interim Chief Financial Officer of Silicon Motion?
Jason Tsai has been appointed as the Interim Chief Financial Officer of Silicon Motion.
Who was the previous Chief Financial Officer of Silicon Motion?
Riyadh Lai was the previous Chief Financial Officer of Silicon Motion.
How long did Riyadh Lai serve as the Chief Financial Officer of Silicon Motion?
Riyadh Lai served as the Chief Financial Officer of Silicon Motion for more than 17 years.
What is the background of Jason Tsai, the new Interim Chief Financial Officer of Silicon Motion?
Jason Tsai has over 10 years of experience at Silicon Motion and has held senior leadership roles in the hardware, semiconductor, and software industries.
Has Silicon Motion started the search process for a permanent Chief Financial Officer?
Yes, Silicon Motion has initiated a search process for the permanent Chief Financial Officer position.
