Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) announced that Ephraim Kwok, Chief Financial Officer, has resigned due to health reasons as recommended by his physician, effective immediately.
The board of AOS has appointed Mary L. Dotz to serve as the new Chief Financial Officer, effective March 1.
"Ephraim played an instrumental role in leading our financial organization during the past 6 years. He led our successful IPO efforts in 2010, as well as other financing and corporate activities. His leadership was also critical in the successful completion of the acquisition of APM, our in-house packaging facility, and more recently, the acquisition of the IDT fabrication facility. He left the Company with a strong balance sheet and well positioned for future growth," said Dr. Mike Chang, Chairman and Chief Executive Officer of AOS. "The Board of Directors and I extend our sincere appreciation to Ephraim for his services to AOS and wish him well for the future, especially the speedy improvement of his health. It is anticipated that following his resignation, Mr. Kwok will act as an advisor to the company on financial and other matters."
