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TSMC announces management reshuffle

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday named senior vice president Mark Liu (劉德音) to lead a new Operations Organization unit in the company's latest management reshuffle and major structure adjustement.

The announcement came amid recent speculation that Liu would succeed Morris Chang (張忠謀) as chairman and chief executive, replacing former chief executive Rick Tsai (蔡力行).

In mid-June, Tsai was 〝transferred to the chipmaker＊s New Business Development Organization unit, which explores new business opportunities in the green energy sector such as solar panels.

TSMC said in a statement that it had established an Operations Organization unit and a Business Development Organization unit for facilitating TSMC＊s manufacturing efficiency and customer partnership.

Liu was appointed senior vice president of the Operations Organization unit, responsible for 12-inch fabs. In addition, vice president Tzeng Meng-chao (曾孟超) and senior director Wang Jian-kuang (王建光) were kept on as heads of the 6-inch and 8-inch fabs, which will be merged into the Operations Organization unit in the future.

Wei Cher-chia (魏哲家) was appointed senior vice president of the Business Development unit. All these appointees will report to Chang directly.

TSMC is scheduled to release its third-quarter earnings tomorrow.
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