GigaMedia Limited announced that Chairman, Mr. Mo-Na Chien retired his position from the company and resigned from the company’s Board of Directors. Both the retirement and the resignation of Mr. Mo-Na Chien will be effective December 1, 2015. Mr. Mo-Na Chien has served as Chairman of the Board and Executive Director since November 2012.
Collin Hwang, Chief Executive Officer of GigaMedia, stated “On behalf of the Board and the management, I would like to thank Mo-Na for his valuable contribution to the company over the last three years, and wish him every success for the future.”
The Board of Directors has appointed Mr. Collin Hwang, the current Chief Executive Officer of the Company to chairman’s position following the retirement of Mr. Mo-Na Chien effective December 1, 2015.
Gigamedia also announced resignation of two board members, Mr. King Wai Alfred Wong and Mr. Dirk Chi-Ching Chen, effective December 1, 2015. Following the changes announced today,
GigaMedia’s board is comprised of six members with more than a majority as independent directors.
Source: Gigamedia
