AXT, Inc. announced that Morris Young, Chief Executive Officer, has been appointed Chairman of its Board of Directors, effective Aug. 12, 2021. Jesse Chen, who has served as Chairman of AXT’s Board of Directors since 2009, will continue to serve as Lead Independent Director and as a member of the Board. Dr. Young has been Chairman of Tongmei since its founding in 1998 and will continue in this role. Previously, Dr. Young served as AXT’s Chairman of the Board of Directors from February 1998 to May 2004.