Melexis Appoints Two New Directors to Its Board of Directors

Core Insights - Melexis NV has appointed two new board members, Ms. Ling Qi and Mr. Kazuhiro Takenaka, to enhance its strategic focus in the Asia-Pacific Region [1][4][5] Group 1: New Board Members - Ms. Ling Qi brings over 20 years of international business management experience, currently serving as CEO of two multimedia and animation film companies, and has extensive experience in the semiconductor industry [2] - Mr. Kazuhiro Takenaka has over 45 years of experience in the semiconductor and electronics engineering industry, having worked with major companies like Nissan Motor and Seiko Epson, and has built relationships across Europe, Asia, and the USA [3] Group 2: Board Composition and Term - The board now consists of seven members, with Ms. Françoise Chombar as chairwoman, and the new members will serve a four-year term ending after the annual shareholders' meeting for the financial year ending December 31, 2028 [4] - The annual shareholders' meeting also approved the reappointment of two directors and the final dividend by a clear majority [4] Group 3: Strategic Importance of Appointments - The Asia-Pacific region accounts for over 60% of Melexis' total sales, with Greater China contributing nearly half, highlighting the strategic importance of the new board members [5] - Ms. Chombar emphasized that the insights and advice from the new directors will be invaluable for implementing Melexis' strategic roadmap [5] Group 4: Company Overview - Melexis designs and delivers edge sensor and driver solutions, focusing on sustainable and innovative applications [6] - The company specializes in automotive sector solutions, including powertrain, thermal management, and battery solutions, and has expanded into emerging markets like robotics and digital health [7] - Founded in 1989 in Belgium, Melexis employs over 2,000 people across 12 countries [7]