KUALA LUMPUR: Silicon Motion Technology Corporation (Silicon Motion) announced its current Vice President of IR and Finance, Jason Tsai, has been appointed as Interim Chief Financial Officer (CFO), effective April 25.
In a statement, Silicon Motion said Tsai succeeded CFO, Riyadh Lai who is stepping down but will stay with the company to continue supporting its various strategic and investment initiatives to deliver value to stockholders.
Silicon Motion Chief Executive Officer, Wallace Kou said the company has expressed gratitude for Lai’s contributions to the company in his capacity as CFO for more than 17 years, and is confident that he will continue to provide the company with valuable services.
Meanwhile, Kou added that Tsai, as the company’s VP of IR and Finance, has made significant contributions to the strong operation of its finance team and financial results 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 said.
Silicon Motion has initiated a search process for the permanent CFO position.
A global leader in supplying NAND flash controllers for solid state storage devices, Silicon Motion supplies more SSD controllers for servers, personal computers and other client devices.
—BERNAMA
