Kulicke & 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 move comes as Chong seeks to dedicate more time to his family. Fusen Chen, President and Chief Executive Officer, expressed gratitude for Chong's exceptional leadership and steadfast dedication, emphasizing his instrumental role in advancing innovation and achieving operational excellence within the company.
Following this announcement, the company revealed that Ivy Qin, Vice President & General Manager of Wire Bonding, and John Molnar, Vice President & General Manager of Advanced Solutions, will now report directly to Fusen. Both Dr. Qin and Mr. Molnar have each dedicated over two decades to K&S, progressing from innovative development roles to their current segment leadership positions.
Kulicke & Soffa is a global leader in semiconductor assembly technology, serving various markets including automotive, compute, industrial, memory, and communications. Founded on innovation in 1951, the company is uniquely positioned to overcome increasingly dynamic process challenges and create long-term value by aligning technology with opportunity. Following these announcements, the company's shares moved 0.03%, and are now trading at a price of $40.05. For more information, read the company's full 8-K submission here.
