Board of Directors
WPGH's Board of Directors consists of eleven distinguished members. Their outstanding careers and breadth of experience encompass semiconductor, finance, business, and management. Three of the eleven members are independent directors: Professor Rong-Ruey Duh of National Taiwan University, Mr. Jack J. T. Huang, Chairman of Jones Day's, and Mr. Yung– Hong Yu, President of AID Management Consulting Co. Ltd.
The Board's primary duty is to oversee the overall business and corporate affairs of WPGH. Day-to-day operations and preparation of financial statements remain the legal responsibility of the Company's management, and the activities of the Board do not supersede or alter those responsibilities.
In conjunction with Company's management, the Board also monitors regulatory activities, such as amendments to Taiwan's laws.
WPG Holdings Limited has been certified by Taiwan Corporate Governance Association with issuing the certificate of "Provisions of CG6006 General Assesment Criteria for the Corporate Governance System" on June 23, 2011.
WPG Holdings Limited has received an “A++” ranking in “Transparency and Information Disclosure” from Taiwan's Securities and Futures Institute on April 2, 2015.
|Simon Huang||Director||Mr. Simon Huang, Director, is Chairman of WPG, also acts as Director of Taipei Electronic Components Suppliers' Association (TECSA). Mr. Huang holds a bachelor's degree in Engineering Science from National Cheng-Kung University and has over 30 years of experience in the electronic components distribution industry.|
|K.D. Tseng||Director||Mr. K.D. Tseng, Director, is Chairman & CEO of Yosun Group, also acts as Chairman of Taipei Electronic Components Suppliers' Association (TECSA).. Mr. Tseng served Arrow Strong Electronics Company Limited. Mr. Tseng holds a degree in Electronics Engineering from National Taiwan Ocean University and has over 30 years of sales and marketing experience.|
|Mike Chang||Director||Mr. Mike Chang, Director, is Chairman & CEO of World Peace Industrial Group (WPI Group), also acts as Director of Taipei Electronic Components Suppliers' Association (TECSA). Mr. Chang served executive positions at TI and Chips & Technologies. He has a proven track record in forging strategic sales relationships with top tier electronics customers as well as a strong background in establishing marketing alliances with semiconductor industry leaders. Mr. Chang holds a degree in Electronics and Engineering from National Taipei University of Technology and has over 30 years of sales and marketing experience.|
|T.L. Lin||Director||Mr. T.L. Lin, Director, acts as Director of WPGH subsidiaries, also acts as Director of Taipei Electronic Components Suppliers' Association (TECSA). Mr. Lin holds a degree in Electronics and Engineering from National Taipei University of Technology and has over 30 years of sales and marketing experience in the electronic components distribution industry.|
|K.Y. Chen||Director||Mr. K. Y. Chen, Director, is Chairman of Silicon Application Corporation Group (SAC Group), also acts as a Director of Taipei Electronic Components Suppliers' Association (TECSA). Prior to that, he served in Electronics and Optoelectronics Research Laboratories (EOL) of Industrial Technology Research Institute. Mr. K.Y. Chen holds a bachelor's degree in Electro physics from National Chiao-Tung University and has over 30 years of experience in the electronic components distribution industry.|
|Frank Yeh||Director||Mr. Frank Yeh, Director, is CEO of WPGH. Mr. Yeh served executive positions at Arrow Electronics, Inc. Mr. Yeh holds a degree in Electronics Engineering from Feng Chia University and has over 30 years of sales and marketing experience.|
|Fullerton Technology Co., Ltd.(Representative：Richard Wu)||Director||
Richard Wu Director, is Chairman of Fullerton Technology. He was former Chairman and President of Richpower Electronic Devices Co., Ltd. Mr. Wu holds a degree in Electronics Engineering from Feng Chia University
|Henry Shaw||Director||Mr. Henry Shaw, Director, is Chairman of Liang Xin Finance Co., Ltd. Before join AsiaVest, he was the former CFO of Mosel Vitelic Inc., one of the leading DRAM manufacturer in Taiwan. Mr. Shaw has around 30 years of experience in the semiconductor industry and advanced technology venture capital investment. Mr Shaw received his Masters degree in Business Administration of National Cheng-Chi University.|
|Rong-Ruey Duh||Independent Director||Mr. Rong-Ruey Duh, Independent Director, is a professor and dean at the College of Accounting of National Taiwan University. Mr. Duh also acts as a chief committee member of Accounting Research and Development Foundation. Dr. Duh graduated from Universities in Minnesota.|
Jack J. T. Huang
|Independent Director||Mr. Jack J.T. Huang, Independent Director, is Partner of Jones Day's Greater China practice, Partner-in-Charge in Taipei. Mr. Huang, having practiced law in Hong Kong, New York, and Taipei for many years, is a member of the Taipei Bar Association, the American Bar Association, and the Association of the Bar of the City of New York. His practice encompasses a broad range of international investments, mergers and acquisitions, securities, financing, joint ventures, technology licensing etc. primarily in the United States and Asia. Mr. Huang graduated from National Taiwan University (LL.B.); Northwestern University (LL.M.); Harvard University (S.J.D.).|
|Yung– Hong Yu||Independent Director||Mr. Yung– Hong Yu, Independent Director, is President of AID Management Consulting Co. Ltd. He was former Managing director of Ernst & Young business advisory service, an information development consulting committee member of Taiwan Academy of Banking and Finance, and Counselor of Accounting Research Monthly. Mr. Yu holds MBA degree in Colorado State University and PH.D. in Sun Yat-Sen University, China.|
Policy on diversity of board composition
The company adopted the candidate nomination system for election of the independent directors and stipulated in the Articles of Incorporation of the company.
The nominated director candidates were evaluated by the qualified independent director criteria and resolved by BOD, and were elected by the shareholders.
The independent directors elected by 2017 Annual General Meeting were Mr. Rong-Ruey Duh, Mr. Mr. J. T. Huang, and Mr. Yung-Hong Yu. The qualification of each candidate is following.：
Note: Directors or Supervisors, during the two years before being elected or during the term of office, have been or be any of the following, please tick the appropriate corresponding boxes:
1.An employee of the company or any of its affiliates;
2.A director or supervisor of the company or any of its affiliates. The same does not apply, however, in cases where the person is an independent director of the company, its parent company, or any subsidiary in which the company holds, directly or indirectly, more than 50 percent of the voting shares;
3.A natural-person shareholder who holds shares, together with those held by the person's spouse, minor children, or held by the person under others' names, in an aggregate amount of one percent or more of the total number of issued shares of the company or ranking in the top 10 in holdings;
4.A spouse, relative within the second degree of kinship, or lineal relative within the third degree of kinship, of any of the persons in the preceding three subparagraphs
5.A director, supervisor, or employee of a corporate shareholder that directly holds five percent or more of the total number of issued shares of the company or that holds shares ranking in the top five in holdings
6.A director, supervisor, officer, or shareholder holding five percent or more of the shares, of a specified company or institution that has a financial or business relationship with the company
7.A professional individual who, or an owner, partner, director, supervisor, or officer of a sole proprietorship, partnership, company, or institution that, provides commercial, legal, financial, accounting services or consultation to the company or to any affiliate of the company, or a spouse thereof, provided that this restriction does not apply to any member of the remuneration committee who exercises powers pursuant to Article 7 of the Regulations Governing the Establishment and Exercise of Powers of Remuneration Committees of Companies Whose Stock is Listed on the TWSE or Traded on the GTSM;
8.A spouse or relative within the second degree of kinship of any other directors;
9.Any of the circumstances in the subparagraphs of Article 30 of the Company Act;
10.Elected in the capacity of the government, a juristic person, or a representative thereof, as provided in Article 27 of the Company Act.