Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has announced the retirement of Chan Pin Chong, Executive Vice President & General Manager of K&S Products & Solutions, effective December 1, 2025. This news comes as the company looks to restructure its leadership. In the wake of this announcement, it has been disclosed that Ivy Qin, Vice President & General Manager of Wire Bonding, and John Molnar, Vice President & General Manager of Advanced Solutions, will report directly to Fusen Chen, President and Chief Executive Officer.
The company has expressed its gratitude for Chan Pin Chong's exceptional leadership and dedication, acknowledging his instrumental role in advancing innovation and achieving operational excellence within their portfolio. Following these changes, Dr. Qin and Mr. Molnar, both of whom have dedicated over two decades to K&S, will play a pivotal role in driving the company forward.
Kulicke & Soffa is a global leader in semiconductor assembly technology, specializing in advancing device performance across various markets such as automotive, compute, industrial, memory, and communications. Founded in 1951, the company is focused on overcoming dynamic process challenges and creating long-term value by aligning technology with opportunities. Today the company's shares have moved 4.87% to a price of $40.04. Check out the company's full 8-K submission here.
