ACM Research Announces Changes to Executive Leadership Team
July 10 2018 - 8:30AM
- Mark McKechnie named Vice President of Finance-
Dr. Fufa Chen, Vice President of Marketing, resigns
ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ:ACMR), a
provider of single-wafer wet cleaning equipment used by
manufacturers of advanced semiconductors, today announced that Mark
McKechnie has been appointed as Vice President of Finance,
effective July 9, 2018. Additionally, the Company announced
that Dr. Fufa Chen, Vice President of Marketing, had left the
Company as of June 30, 2018 to pursue a new professional
opportunity.
Mr. McKechnie brings more than 25 years of progressive
experience in product management, Wall Street, and corporate
finance, and will lead ACM’s Financial Planning and Analysis
(FP&A), Investor Relations, Strategy, and Capital Markets
efforts. McKechnie will report to the Company’s Chief
Executive Officer and Board of Directors, and will split his time
between ACM headquarters in Fremont, California, and Shanghai,
China.
Prior to joining ACM Research, Mr. McKechnie was most recently
Vice President of Investor Relations and Strategic Initiatives for
Silver Spring Networks, a public smart grid/ Internet of Things
(IoT) company which was acquired in early 2018. Mr. McKechnie
built a strong career as a leading Wall Street equity analyst at
Evercore Partners, ThinkEquity, and Bank of America/ Montgomery
Securities. Prior to Wall Street, he held product management
and product development roles for Intel and Motorola. Mr.
McKechnie holds an M.B.A. from the Kellogg Graduate School of
Management at Northwestern University, and a Bachelor’s of Science
in Computer and Electrical Engineering from Purdue University.
ACM’s President and Chief Executive Officer Dr. David Wang
commented, “We are excited to welcome Mark to the ACM Research
management team. As we look to continue on our growth
trajectory, having someone with such a diverse background and a
deep knowledge of U.S. capital markets is an excellent addition to
our team. We look forward to Mark's contribution to our
growth and expansion, and we are confident in his ability to
effectively drive the Company's financial and operational
performance."
Dr. Wang continued, “On behalf of the Board, I would like to
take this opportunity to appreciate Dr. Chen for the contributions
he has made during his tenure at ACM. We respect his decision and
wish him the very best in his future endeavors."
About ACM Research, Inc.ACM Research 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. SAPS, TEBO and the ACM Research logo are
trademarks 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
Asia
Gary Dvorchak,
CFA
+86 (138)
1079-1480
gary@blueshirtgroup.com
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