SemiLEDs (LEDS) COO Dr. Anh Chuong Tran Transitions to Chief Scientist
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On August 28, 2012, in recognition of Dr. Anh Chuong Tran’s desire to focus his efforts on the technological aspects of the business of SemiLEDs Corporation (Nasdaq: LEDS), the Board of Directors appointed him to the position of Chief Scientist, and accepted his resignation as a director, President, Chief Operating Officer and Secretary of the Company.
The Board of Directors also reduced the number of directors constituting the whole Board of Directors to four and appointed Trung T. Doan, currently Chairman of the Board and Chief Executive Officer, to the additional position of President. Other than the changes in their titles, the employment arrangements between the Company and each of Dr. Tran and Mr. Doan were not affected and their compensation remains as described in the Company’s proxy statement for its 2012 annual meeting of stockholders.
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The Board of Directors also reduced the number of directors constituting the whole Board of Directors to four and appointed Trung T. Doan, currently Chairman of the Board and Chief Executive Officer, to the additional position of President. Other than the changes in their titles, the employment arrangements between the Company and each of Dr. Tran and Mr. Doan were not affected and their compensation remains as described in the Company’s proxy statement for its 2012 annual meeting of stockholders.
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