Nam Tai CEO Steps Down


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Nam Tai Electronics, Inc. has announced that Yeoh Teck Hooi, Colin has resigned as Chief Executive Officer (CEO) of the company with immediate effect due to personal reasons. After the resignation, M.K. Koo was appointed as acting CEO with immediate effect.

Koo, a founder of Nam Tai Group, currently serves as Executive Chairman and Chief Financial Officer. The Board of Directors is confident that Koo can take on the position of acting CEO to support the continuous growth of the company.

The company will identify a suitable candidate to fill the vacancy as soon as practical and will make a further announcement upon appointment of a new CEO.

About Nam Tai Electronics, Inc.

We are an electronics manufacturing and design services provider to a select group of the world's leading OEMs of telecommunications, consumer electronic, medical, and automotive products. Through our EMS operations, we manufacture electronic components and subassemblies, including LCD modules, FPC subassemblies and image-sensor modules and PCBAs. These components are used in numerous electronic products, including mobile phones, laptop computers, digital cameras, electronic toys, handheld video game devices, and entertainment devices. We also manufacture finished products, including mobile phone accessories, home entertainment products and educational products. We assist our OEM customers in the design and development of their products and furnish full turnkey manufacturing services that utilize advanced manufacturing processes and production technologies. For more information, visit www.namtai.com.

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