Integrated Micro-Electronics, Inc. Announces Arthur R. Tan to No Longer Continue as CEO After the Expiration of His Term on April 25, 2024
February 13, 2024 at 01:35 am EST
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Integrated Micro-electronics, Inc. announced that Mr. Arthur R. Tan will no longer continue as the Corporation's CEO after the expiration of his term on April 25, 2024. Mr. Tan has been in the IMI leadership role for the past 22 years. He has been the driving force behind IMI's transformation from a Philippines-based contract manufacturing company catering to largely Japanese OEMs to one of the top 25 Global EMS and top 10 Global Auto EMS players with extensive capabilities and operations serving global tier-1 and OEM customers.
At the special board meeting held on February 13, 2024, IMI's Board of Directors approved the CEO transition plan, and identified and vetted Mr. Lou Hughes as a candidate for the role. Mr. Hughes, a highly experienced professional with extensive global C-suite experience in sales, engineering, sourcing and operations, will be nominated to succeed Art as CEO of IMI. He was previously a senior manager at General Electric, COO of Universal Electronics, a Nasdaq listed EMS company, and CEO of Beyonics, a contract manufacturer headquartered in Singapore.
Subject to his appointment by the IMI Board, Mr. Hughes assumption of office will be effective on May 1, 2024.
Integrated Micro-Electronics, Inc. (IMI) is a provider of electronics manufacturing services (EMS) and power semiconductor assembly and test services. The Companyâs geographical segments are segregated as follows: Philippines, China, Europe, Mexico, Germany/UK, and USA/Japan/Singapore/IMI UK. IMI exports printed circuit board assemblies (PCBA), flip chip assemblies, electronic sub-assemblies, box build products and enclosure systems. It also provides a range of solutions, including product design and development, test and systems development, automation, advanced manufacturing engineering, and power module assembly, among others. It serves diversified markets, such as the automotive, industrial, medical, storage device, and consumer electronics industries, and non-electronic products (including automobiles, motorcycles, and solar panels, among others) or parts, components, or materials of non-electronic products, as well as to perform and provide information technology services.