Motech Industries replaces CEO Dr. Tsuo

Motech Industries has appointed Dr. Peng Heng Chang as the new chief executive officer, effective March 31, 2010. Chang replaces Dr. Simon Y.H. Tsuo, who will relinquish his CEO position and focus on his position as chairman of the board of directors. Yung-Hui Tseng, vice chairman and deputy CEO, will also give up his current position of deputy CEO.

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