Charles Shi

Christian Schwab

David Duley

Krish Sankar

Thomas Diffely

Tom Diffely

Craig Ellis

Sreekrishnan Sankarnarayanan

Mayor Popuri

- **Dr. Fusen Chen** will retire as President and CEO and as a Board member of Kulicke and Soffa Industries, Inc., effective **December 1, 2025**, due to health reasons.  **[56978_0000056978-25-000076_klic-20251028.htm:1]** **[56978_0000056978-25-000076_ex99128oct.htm:1]** 
- **Lester Wong**, the current Executive Vice President and Chief Financial Officer, has been appointed **Interim Chief Executive Officer**, effective immediately, and will continue to serve as CFO.  **[56978_0000056978-25-000076_klic-20251028.htm:1]** **[56978_0000056978-25-000076_ex99128oct.htm:1]**  The Board has initiated a search for a permanent successor.  **[56978_0000056978-25-000076_klic-20251028.htm:1]** **[56978_0000056978-25-000076_ex99128oct.htm:1]** 
- Following his retirement, Dr. Chen will serve as an advisor to the Board for **12 months**, receiving a fee of **US$75,000 per month**.  **[56978_0000056978-25-000076_klic-20251028.htm:1]** **[56978_0000056978-25-000076_ex99128oct.htm:1]**  Mr. Wong will receive a **monthly cash stipend of S$35,000** as Interim CEO and a grant of **S$600,000 in restricted stock units**.  **[56978_0000056978-25-000076_klic-20251028.htm:1]** 
- The company **reaffirmed its fourth quarter fiscal 2025 outlook**.  **[56978_0000056978-25-000076_ex99128oct.htm:3]**

Kulicke & Soffa Announces CEO Retirement and Interim CEO Appointment

- **Dr. Fusen Chen** will retire from his position as President and CEO of Kulicke & Soffa, effective **December 1, 2025**, due to health reasons.  **[56978_20251028PH08999:0]** 
- **Lester Wong**, the Company's current Executive Vice President, Finance and IT and Chief Financial Officer, has been appointed **Interim CEO** immediately and will continue in his existing roles during this transitional period.  **[56978_20251028PH08999:0]** 
- The Board of Directors has initiated a process to identify the Company's next permanent CEO.  **[56978_20251028PH08999:0]** 
- Kulicke & Soffa **reaffirmed its fourth-quarter fiscal 2025 outlook**.  **[56978_20251028PH08999:1]**

Kulicke & Soffa Industries Announces CEO Transition

KULICKE & SOFFA INDUSTRIES (KLIC)