Responsibilities and Composition of the Board of Directors

1.Responsibilities of the Board of Directors

We decided on a Board of Directors comprising 9 to 13 members in consideration of the company's scale of business development and major shareholders as well as the need for balanced and practical operations. The Board's main responsibilities are to:

  • Guide company strategy
  • Supervise senior management
  • Be responsible for the company and its shareholders

2.Members of the Board of Directors

We currently have 9 directors, including 3 independent directors.

Title Chairman & CEO
Name Felix Ho
Background& Experience Master of Business Administration, Massachusetts Institute of Technology, Sloan School of Management
Chairman & CEO, YFY Investment Holding Co., Ltd.
Notes  
Title Director
Name Shou Chung Ho
Background& Experience Master of Science in Mechanical Engineering, University of Wisconsin, Madison Wisconsin
Director, YFY Investment Holding Co., Ltd.
Notes  
Title Director
Name Richard Ho
Background& Experience Bachelor of Economics, University of Washington
Vice President, YFY Investment Holding Co., Ltd.
Notes  
Title Director
Name Kirk Hwang
Background& Experience Ph.D. in Chemistry and Material Sciences, University of Wisconsin-Madison
Chairman & CEO, Chung Hwa Pulp Corporation
Notes  
Title Director
Name Victor Wang
Background& Experience EMBA, National Taiwan University
Independent Director, Taiwan Cement Corp.
Notes  
Title Director
Name Willie Tsai
Background& Experience University of Iowa, M.A. Finance
President of Yuen Foong Yu Inc.
Notes  
Title Independent Director
Name Wen Cheng Huang
Background& Experience Master of Business Administration, National Chengchi University
Chairman of Global Fortune Management Corp.
Notes Audit Committee
Remuneration Committee
Title Independent Director
Name His Peng Lu
Background& Experience Ph.D. in Industrial Engineering, University of Wisconsin-Madison
Professor, Department of Information Management, National Taiwan University of Science and Technology
Notes Audit Committee
Remuneration Committee
Title Independent Director
Name Thomas Chen
Background& Experience MBA, University of Indiana
Independent Director, YFY Investment Holding Co., Ltd.
Notes Audit Committee
Remuneration Committee

3.Secretary of the Board of Directors

Our Board Secretary is responsible for matters related to cooperate governance. The Board Secretary's primary duties are:

  • Company registrations and changes in registration
  • Organize Board of Directors meetings and shareholder meetings, and ensure the company complies with relevant laws and regulations
  • Produce minutes for Board of Directors meetings and shareholder meetings
  • Provide directors and independent directors with the information required to carry out their duties and the latest legal developments related to the company's operations to facilitate compliance with laws and regulations
  • Matters related to investor relations
  • Other matters under the Articles of Association or resolved by the Board of Directors