News Article
SemiLEDs CFO David Young resigns
The III-nitride LED manufacturer has appointed Timothy Lin to serve as Chief Financial Officer on an interim basis while it searches for a permanent replacement
According to a SEC filing, on January 2nd, 2013, David Young resigned as the Chief Financial Officer of Taiwanese firm, SemiLEDs Corporation.
On January 4th, 2013, the Board of Directors of the company appointed Timothy Lin to serve as Chief Financial Officer on an interim basis while it conducts a search for a permanent Chief Financial Officer.
Lin, 36, has served as the Company’s Deputy Controller since joining the Company in October 2010. Prior to joining the Company, he was a Senior Manager at Ernst & Young (Taiwan) from October 2009 to October 2010 and a Manager at Deloitte & Touche (Taiwan) from June 2006 to October 2009.
Timothy Lin’s monthly base salary is 200,000 New Taiwan dollars (approximately $6,900). Lin is also eligible for a year-end bonus equivalent to two months of his then average base salary, subject to the achievement of performance targets as determined by SemiLEDs' Chief Executive Officer.
Young will provide transition assistance to the company for a period of time.
On January 4th, 2013, the Board of Directors of the company appointed Timothy Lin to serve as Chief Financial Officer on an interim basis while it conducts a search for a permanent Chief Financial Officer.
Lin, 36, has served as the Company’s Deputy Controller since joining the Company in October 2010. Prior to joining the Company, he was a Senior Manager at Ernst & Young (Taiwan) from October 2009 to October 2010 and a Manager at Deloitte & Touche (Taiwan) from June 2006 to October 2009.
Timothy Lin’s monthly base salary is 200,000 New Taiwan dollars (approximately $6,900). Lin is also eligible for a year-end bonus equivalent to two months of his then average base salary, subject to the achievement of performance targets as determined by SemiLEDs' Chief Executive Officer.
Young will provide transition assistance to the company for a period of time.
