Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. お知らせ • Mar 26
UTStarcom Holdings Corp. Announces Changes to Its Board of Directors UTStarcom Holdings Corp. announced changes to the Board of Directors and appointed Dr. Yong Wang as the company’s new independent director, effective Mar. 21, 2024. Dr. Jintong Lin resigned from the Company’s board of Directors, as well as the chairman of the Company’s Nominating and Corporate Governance Committee, member of Audit Committee and Compensation Committee on Mar. 21, 2024, which he had held since September 2019. Dr. Yong Wang was appointed as an independent director of the Company and the positions in various committees vacated by Dr. Lin, effective Mar. 21, 2024. Dr. Wang is currently a professor at the School of Civil, Commercial and Economic Law of China University of Political Science and Law. He is the vice president of the China Commercial Law Research Association and one of the founders of Beijing Hongfan Jiuzhou Consulting Co. Ltd. He also serves as an independent director of Tongding Interconnection Information Co. Ltd. since November 2023, and an independent director of Beijing Capital Eco-Environment Protection Group Co. Ltd. since January 2024. In addition, Dr. Wang serves as the chairman of the board of supervisors of SPD Silicon Valley Bank Co. Ltd. since March 2023, and an independent director of Huaneng Guicheng Trust Co. Ltd.Dr. Wang has been teaching at China University of Political Science and Law since 1999. Mr. Wang earned a bachelor degree in Education from China Youth University of Political Studies in 1990, a master degree in Economic Law from Nanjing University in 1996, and a doctorate degree in Civil and Commercial Law from China University of Political Science and Law in 1999. Board Change • Oct 31
High number of new directors CEO & Director Hua Li was the last director to join the board, commencing their role in 2022. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Mar 03
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 25
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Sean S. Shao is the most experienced director on the board, commencing their role in 2012. Independent Director Jin Tong Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.