Diodes Incorporated, a global manufacturer and supplier in the semiconductor market headquartered in Plano, announced the promotion of Gary Yu from COO of the company to president, effective January 2024.
Before joining the company in 2008, Yu spent over 10 years working as vice president at Lite-On Semiconductor Corporation, a global provider of opto-semiconductor, power supply management and electronic products. He also worked at Texas Instruments in IT, finance and capacity planning positions.
“I am honored and excited to have the opportunity to lead our talented global team in this new capacity,” said Yu in a statement. “Building on the company’s strong foundation of operational excellence, I am passionate about developing a broad portfolio of innovative products to enable customer success in the various markets we serve.”
Within Diodes, Yu served as Diodes’ chief operating officer since February 2023, and by taking on the new role, he will work closely with Chairman and CEO, Dr. Keh-Shew Lu, who is expected to continue managing the company for at least until 2027.
“Gary has been an integral part of the Diodes’ organization since joining in 2008 from Lite-On Semiconductor and has risen in rank and responsibility since that time,” said Lu of Yu’s promotion in a statement. “Over his tenure, Diodes has evolved significantly from a product-focused company to a total solutions sales approach, reaching $2 billion in revenue last year. His extensive and in-depth knowledge of Diodes’ business, customers and manufacturing operations provides a valuable foundation for his expanded roles as a key executive leader.”
While Lu will oversee the company’s strategic direction and act as the primary liaison between Diodes and the board of directors, all executive officers and regional presidents will report to Yu.
“Together with the team, we are energized by the opportunities ahead of us and are committed to driving the next stage of growth, financial performance and value creation for all of our shareholders, employees, customers and partners alike,” said Yu.