AU Optronics Corp. ("AUO"or the "Company") (TAIEX: 2409; NYSE: AUO) today held a board meeting, and approved below resolution. Starting March 1, 2009, Mr. Andy Yang, the current Associate Vice President of Finance Center, will assume the position of Chief Financial Officer. Mr. Max Cheng, current Chief Financial Officer, is to assume the role of Executive Vice President thereafter.
AUO has been implementing its Corporate Governance for years, and conducted several times of organizational changes through job rotations and talents cultivation to cope with industry rapid change and new business development. In line with that philosophy, Mr. Andy Yang was promoted to the position of Chief Financial Officer to assist the Company moving forward. The Board highly acknowledged efforts made by Senior Vice President Mr. Max Cheng in the past ten years, who had successfully ensured sound financial structure of the Company after the two major mergers in the history of AUO. He is now assigned to more crucial responsibility, in charge of long term business investment strategy, including Photovoltaic technology and other new businesses planning and management, effective from March 1, 2009.
Mr. Andy Yang is the current Associate Vice President of Finance Center of AUO Finance Division. He joined AUO in 2002 and has been appointed to numerous important roles since then, including Senior Project Manager of Finance Division of AUO in Taiwan, Finance Director of AUO subsidiaries in China, member of Board of Supervisor of Darwin Precisions and General Manager of Apower Optronics Corp. Mr. Yang received his MBA degree from George Washington University in 1996 and BBA degree from Department of Finance of National Taiwan University in 1991. His past experiences also included Credit Manager of Union Bank of California Taipei Branch and Assistant Vice President of Corporate Banking of ABN AMRO Bank Taipei Branch. He is extremely familiar with the Industry, as well as possesses rich knowledge in global and cross-strait financial operations.
Corporate Communications Division
AU Optronics Corp.
No.1, Li-Hsin RD 2, Science-Based Industrial Park,
Hsinchu City 300, Taiwan, R.O.C.