Management ChangeJul 22, 2026, 05:11 PM
AXT Appoints Jia-Bin Duh to Board of Directors
AI Summary
AXT, Inc. announced the appointment of Jia-Bin Duh to its Board of Directors, effective July 16, 2026, expanding the board from five to six members. Mr. Duh brings over 30 years of senior executive leadership and investor experience in the technology and consumer sectors, with significant expertise in Greater China from his leadership roles at Cisco Systems and Microsoft China. He will serve as a Class III independent director and join the audit, compensation, and nominating and corporate governance committees.
Key Highlights
- AXT's Board of Directors increased from five to six members.
- Jia-Bin Duh was appointed as a Class III independent director, effective July 16, 2026.
- Mr. Duh's term will expire at the Company's 2028 annual meeting of stockholders.
- He will serve on the audit, compensation, and nominating and corporate governance committees.
- Mr. Duh brings over 30 years of senior executive leadership and investor experience in Greater China.
- He previously served as President of Cisco Systems China (1998-2005) and Microsoft China (1993-1998).
- Mr. Duh will receive an initial award of 2,500 shares of restricted stock.
- He will also receive a prorated annual equity grant of 667 shares of restricted stock.
Price Impact
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