Daniel Liao
AMKOR TECHNOLOGYAbout Daniel Liao
Independent director of Amkor Technology since May 2019; age 71 as of the March 20, 2025 record date. Former senior executive at Lam Research, including Chairman of Lam Asia Pacific Operations (Taiwan, China, Southeast Asia) until retirement in 2020; later Senior Advisor (Feb 2020–Feb 2022). Co‑founder of Eunodata Co., Ltd. (integrated data services for semiconductor manufacturing) since January 2023; current director at Photronics, Inc. Education: B.S. Electrical Engineering (National Cheng Kung University, Taiwan) and M.S. Electrical Engineering & Applied Physics (Case Western Reserve University) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Lam Research Corporation | Chairman, Asia Pacific Operations; senior executive roles | 1993–Feb 2020 | Major contributor to global product development, strategic planning, and Asia Pacific growth |
| Lam Research Corporation | Senior Advisor, Asia Pacific Regions | Feb 2020–Feb 2022 | Advisory capacity post-retirement |
| Integrated Device Technology, Inc. | Engineering management/technology leadership | 1988–1993 | — |
| Intel Corporation | Engineering roles (Livermore and Santa Clara) | 1984–1988 | — |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Eunodata Co., Ltd. | Co‑Founder | Jan 2023–present | Integrated data service provider for semiconductor manufacturing |
| Photronics, Inc. | Director | Current | Global provider of photomask products and services |
Board Governance
- Independence: Board determined Mr. Liao is independent under Nasdaq and SEC rules .
- Committee assignments: Not listed as a member of the Audit, Compensation, or Nominating & Governance Committees in the current proxy (committee rosters exclude Mr. Liao) and the nominee table shows only independence designation (4) next to his name .
- Board meetings and attendance: Board met six times in 2024; all directors attended at least 75% of Board and applicable committee meetings .
- Executive sessions: Non‑employee directors (including Mr. Liao) regularly hold executive sessions as part of Board practice .
- Tenure on this board: Director since May 2019 .
Fixed Compensation
| Component | 2024 Amount | Source |
|---|---|---|
| Cash fees (annual/committee retainers as earned) | $75,500 | |
| Other (fractional DEUs cash-out) | $1 | |
| Total cash and other | $75,501 |
Director cash policy (as of 12/31/2024; paid pro‑rata if <1 year service):
- Board annual retainer: $85,000
- Committee member retainers: Audit $12,000; Compensation $10,000; Nominating & Governance $7,500
- Committee chair retainers: Audit $25,000; Compensation $15,000; Nominating & Governance $10,000
- Additional roles: Lead Independent Director $30,000; Chairman $150,000; Strategic Oversight Role $75,000
Performance Compensation
| Equity Element | 2024 Grant/Status | Vesting/Terms | Source |
|---|---|---|---|
| Annual RSU grant (non‑employee directors) | ~$195,000 grant date fair value | Vests in full on the earlier of 1 year after grant or the next annual meeting; DEUs accrue on cash dividends | |
| Unvested RSUs held at 12/31/2024 (typical for non‑employee directors) | 5,991 RSUs (includes DEUs) | As above; shown as unvested as of YE 2024 | |
| Stock options outstanding (as of 12/31/2024) | 60,000 options | Outstanding legacy awards; not part of 2024 grant program |
Notes
- Director equity is time‑based RSUs; no director PSUs or performance metrics disclosed (performance awards apply to executives, not non‑employee directors) –.
Other Directorships & Interlocks
| Company | Type | Role | Potential Interlock Considerations |
|---|---|---|---|
| Photronics, Inc. | Public | Director | No related‑party transactions disclosed with Amkor since Jan 1, 2024 ; standard Board independence maintained . |
Expertise & Qualifications
- Deep Asia Pacific and global semiconductor leadership experience; technology and manufacturing domain knowledge .
- Executive management and corporate governance experience; international business background .
- Education in electrical engineering and applied physics .
Equity Ownership
| Ownership Item | Amount | Notes |
|---|---|---|
| Total beneficial ownership | 100,778 shares | As of March 20, 2025 record date |
| % of shares outstanding | <1% | “*” per proxy denotes less than 1% |
| Components: Options exercisable within 60 days | 60,000 | Counted in beneficial ownership |
| Components: RSUs/DEUs vesting within 60 days | 5,991 | Counted in beneficial ownership |
| Implied common held directly/indirectly | ~34,787 | Derived from table components |
Alignment policies
- Director stock ownership guideline: 5x annual cash retainer; expected to meet within 5 years; all non‑employee directors were in compliance as of 12/31/2024 .
- Anti‑hedging and anti‑pledging: Hedging and pledging of Company stock are prohibited for directors .
Governance Assessment
- Independence/engagement: Independent; Board met six times in 2024 with at least 75% attendance by all directors; Board holds regular executive sessions of non‑employee directors .
- Committee footprint: Not assigned to standing committees in the current structure—limits committee‑level influence but avoids conflicts with his external roles .
- Compensation mix/ownership: 2024 director pay weighted to equity via time‑based RSUs (~$195k) alongside cash fees; subject to stringent ownership and anti‑pledge policies, aligning with long‑term shareholder interests .
- Conflicts/related parties: No related‑party transactions required to be reported since Jan 1, 2024; Audit Committee oversees any such matters per charter .
- Shareholder signals: Strong say‑on‑pay support for executive compensation at 2024 Annual Meeting (>98% approval), supportive of the company’s broader governance and pay practices .
RED FLAGS
- None disclosed in proxy regarding related‑party transactions, hedging/pledging, or attendance shortfalls for Mr. Liao. The absence of committee assignments reduces potential conflicts but also concentrates oversight roles among other directors .