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Posted 26 December, 2023

DIODES INC /DEL/ appointed new CEO

CEO Change detected for ticker Nasdaq:DIOD in a 8-K filed on 26 December, 2023.


  On December 26, 2023, Diodes Incorporated (the "Company") Board of Directors appointed Gary Yu as President of the Company, effective January 2, 2024. Dr. Keh-Shew Lu shall remain Chairman, Chief Executive Officer ("CEO") and principal executive officer of the Company.  

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Overview of DIODES INC /DEL/
Technology • Semiconductors
Diodes Inc. manufactures and supplies application-specific standard products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. The firm offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect, and temperature sensors. It operates through the following geographical segments: Asia, the Americas, and Europe. The company was founded on June 15, 1959 and is headquartered in Plano, TX.
Market Cap
$3.08B
View Company Details
DIODES INC /DEL/ by TradingView
Relevant filing section
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(c)


On December 26, 2023, Diodes Incorporated (the "Company") Board of Directors appointed Gary Yu as President of the Company, effective January 2, 2024. Dr. Keh-Shew Lu shall remain Chairman, Chief Executive Officer ("CEO") and principal executive officer of the Company. Mr. Yu shall remain the Company's principal operating officer however he will no longer hold the title Chief Operating Officer.


Mr. Yu is the currently the Company's COO. Mr. Yu has been with the Company since 2008. He was appointed COO on February 9, 2023. Prior to becoming COO, Mr. Yu most recently served as Senior Vice President with responsibility for Business Groups and the integration of Lite-On Semiconductor Corporation. Prior roles in the Company included President, Asia Pacific Region; General Manager of the Company's Shanghai wafer fabrication operation and the Company's BCD business unit; Vice President of Asia Pacific Sales; and manager of the Company's sensor and satellite business unit. Prior to joining the Company, Mr. Yu spent over ten years at Lite-On Semiconductor Corporation as Vice President, Worldwide Sales and at Texas Instruments in IT, finance and capacity planning positions. Mr. Yu holds a bachelor's degree in MIS from Fu-Jen University, Taiwan, a master's degree in Telecommunication Engineering from Southern Methodist University, and an MBA from the University of Dallas. 


Mr. Yu is married to the niece of Dr. Keh-Shew Lu, the Company's current Chairman, President and CEO. Details of Mr. Yu's compensation are provided in the Summary Compensation Table of the Company's proxy statement filed with the United States Securities and Exchange Commission on April 13, 2023 in connection with the Company's 2023 annual meeting of stockholders. Except as described herein, Mr. Yu has no family relationships with any director or executive officer of the Company and there are no transactions in which Mr. Yu has an interest requiring disclosure under Item 404(a) of Regulation S-K.