Board members and their professional backgrounds
Current situation of implementing board member diversity
The company made its Company Governance Principles based on the Corporate Governance Best Practice Principles for TWSE/TPEx-Listed Companies.
In these principles, below the strengthening of the board’s job functions part, is a regulation that reads, “the Board of Directors should consist of a diverse group of members. The company’s operations, management models and development needs should embrace a principle of diversity that shall include but not be limited to two major aspects: (I) Basic personal information and values: gender, age, nationality, and cultural background; (II) Expertise and skills: specialized background (such as law, accounting, industry, finance, sales, or technology), specialized skills, industry experience, etc.”
The company board’s diversified and specific goal achievement situations are explained below:
- Gender goal: Female directors accounting for 25% of all the directors (or two seats).
Achievement situations: The company elected one female director in 2018, accounting for 14%. The company will continue to work on this part.
- Age goal: Those below age 60 accounting for 30%.
Achievement situation: Two directors are under age 60, and the other five are aged 60~65. The company will continue to work on this part.
- Education/work goal: higher than master’s degree holders or professional managers of TAIEX and OTC listed companies.
Achievement situation: One doctorate degree holder and five master’s degree holders. External directors are all professional managers concurrently or formerly working at TAIEX and OTC listed companies
- Professional goal: Operational judgment ability, accounting and financial analysis ability, operational management ability, crisis handling ability,industrial knowledge, international market outlook, leadership, decision-making ability.
Current situation: The backgrounds of the directors are as shown in the following table. The goal of diversified complementariness has been achieved.