ACM Research Announces Executive Leadership Changes
January 16 2018 - 8:30AM
ACM Research, Inc. (NASDAQ:ACMR), a provider of single-wafer wet
cleaning equipment used by manufacturers of advanced
semiconductors, announced today changes within its executive
leadership team.
- Lisa Feng has been promoted to Chief Accounting Officer. Ms.
Feng has served in various accounting and finance roles since 1997
and mostly recently was Director of Accounting.
- Fuping Chen has been promoted to Vice President, Sales–China.
Mr. Chen has served the Company in various key sales and marketing
leadership roles over the past 7 years. He has made major
contributions to ACM’s sales growth and customer base expansion
through his knowledge of wafer cleaning technology, his
understanding of customer requirements, and his sensitivity to
market trends.
- Chief Financial Officer Min Xu will be leaving the company
effective January 24, 2018 to pursue new opportunities. Mr. Xu
helped the company to complete its initial public offering and list
its Class A common stock on the NASDAQ Global Market in November
2017.
ACM’s President and Chief Executive Officer Dr. David Wang
commented, “We are excited about the promotions of Ms. Feng and Mr.
Chen, who will play key roles in our senior leadership team,
supporting our strategy of rapid global expansion and increasing
market share in China, the largest and fastest-growing market for
semiconductors. We appreciate Min’s work in helping ACM to complete
its IPO and to prepare ACM to meet its financial statement and
other public company reporting requirements. We wish Min all the
best in his new endeavors.”
Ms. Feng will assume the responsibilities of the CFO position on
an interim basis while the company conducts a formal search for a
new CFO.
About ACM Research, Inc.
ACM develops, manufactures and sells single-wafer wet cleaning
equipment, which semiconductor manufacturers can use in numerous
manufacturing steps to remove particles, contaminants and other
random defects, and thereby improve product yield, in fabricating
advanced integrated circuits.
© ACM Research, Inc. The ACM Research logo is a trademark of ACM
Research, Inc. All rights reserved. Any other trademarks are the
property of their respective owners.
For investor and media inquiries, please
contact:
In the United States: The Blueshirt GroupRalph Fong+1
(415) 489-2195ralph@blueshirtgroup.com
In China: The Blueshirt Group AsiaGary Dvorchak,
CFA+86 (138) 1079-1480gary@blueshirtgroup.com
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