Silicon Motion Announces Chief Financial Officer Transition

Group 1 - Silicon Motion Technology Corporation announced the appointment of Jason Tsai as Interim Chief Financial Officer effective April 25, 2024, succeeding Riyadh Lai who will step down from the position on the same date [1][2] - Riyadh Lai has served as Chief Financial Officer for over 17 years and will continue to support the company's strategic and investment initiatives [2] - Jason Tsai has over 10 years of experience with the company and has made significant contributions to the finance team and financial results in recent months [2] Group 2 - Silicon Motion is a global leader in supplying NAND flash controllers for solid-state storage devices, providing more SSD controllers than any other company worldwide [3] - The company is the leading merchant supplier of eMMC and UFS embedded storage controllers used in smartphones, IoT devices, and other applications [3] - Silicon Motion's customer base includes most NAND flash vendors, storage device module makers, and leading OEMs [3]