Chartered Names Chia Song Hwee President and CEO.Business Editors/High-Tech Writers Chartered Semiconductor Manufacturing Chartered Semiconductor Manufacturing SGX: C27 NASDAQ: CHRT (abbreviated CSM) is the world's fourth largest dedicated independent semiconductor foundry, with its headquarters and main operations located in the Woodlands Industrial Park, Kranji Singapore. (Nasdaq: CHRT CHRT Canadian Human Rights Tribunal CHRT Chert (lithological term) CHRT Consolidated Human Resource Technology and SGX-ST: CHARTERED), one of the world's top three silicon foundries, today announced that its board of directors has named Chia Song Hwee president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , effective today. He also joins the Company's board of directors. Chia, previously Chartered's senior vice president, chief financial officer and chief administrative officer A chief administrative officer (CAO) is responsible for administrative management of private, public or governmental corporations. The CAO is one of the highest ranking members of an organization, managing daily operations and usually reporting directly to the chief executive , succeeds Jim Norling who had been serving as interim CEO since April 2002. "Chia is a natural and committed leader. He brings to the job an ideal blend of financial and business acumen, drive and passion for success. After completing a comprehensive global search process, the board decided that Chia was the best person to lead the Chartered team to its next level of performance and growth," said Ho Ching
Since joining the company in 1996, Chia's responsibilities have steadily expanded to include the areas of finance, strategic development, technology alliances, and legal. He played a leadership role in forming Chartered's key partnership and business relationships over the past several years. As a principal member of the Office of the President since August 2000, Chia further broadened his involvement in the market, customer, and technology aspects of the business. Chia joined Chartered from Schlumberger, a global services company, where he quickly moved through control and finance positions of increasing responsibility. "As I return now to my role as deputy chairman, I'm delighted with the board's selection," said Jim Norling. "Chia understands the industry from both a finance and business perspective. That coupled with his strong leadership and communications skills make him ideally suited to lead Chartered at this stage in its growth and development." "I'm honored by the board's decision and excited to have the opportunity to lead the Chartered team. The foundry industry is entering perhaps the most exciting phase of its growth and development. I'm anxious to build on the prior gains and accelerate Chartered's current momentum," said Chia Song Hwee. In conjunction with Chia's appointment, the board also named George Thomas George Thomas may refer to:
About Chartered Chartered Semiconductor Manufacturing, one of the world's top three silicon foundries, is forging a customized approach to outsourced semiconductor manufacturing by building lasting and collaborative partnerships with its customers. The Company provides flexible and cost-effective manufacturing solutions for customers, enabling the convergence of communications, computing and consumer markets. In Singapore, Chartered operates five fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. facilities and has a sixth fab in the process of being developed as a 300mm facility. A company with both global presence and perspective, Chartered is traded on both the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (Nasdaq: CHRT) and on the Singapore Exchange “SGX” redirects here. For other uses, see SGX (disambiguation). Singapore Exchange Limited SGX: S68 (SGX) is the stock exchange in Singapore. SGX was formed on December 1 1999, following the merger of two established and well-respected financial (SGX-ST: CHARTERED). Chartered's 4,000 employees are based at 12 locations around the world. Information about Chartered can be found at www.charteredsemi.com. |
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