Management ChangeJun 22, 2026, 04:17 PM
AXT Appoints Tracy Liu to Board of Directors
AI Summary
AXT, Inc. announced the appointment of Tracy Liu to its Board of Directors, effective June 17, 2026. The Board expanded from four to five members to accommodate the new appointment. Ms. Liu, an experienced professional with over 30 years in business advisory, tax strategy, and accounting, will serve as a Class II independent director and join the audit, compensation, and nominating and corporate governance committees. Her appointment is expected to strengthen the Board's expertise, particularly in international operations and financial governance.
Key Highlights
- AXT's Board of Directors increased from four to five members.
- Tracy Liu was elected as a Class II independent director, effective June 17, 2026.
- Ms. Liu's term will expire at the 2028 annual meeting of stockholders.
- She will serve on the audit, compensation, and nominating and corporate governance committees.
- Ms. Liu brings over 30 years of business advisory, tax strategy, and accounting experience.
- She will receive an initial award of 2,500 restricted shares and a prorated annual grant of 726 restricted shares.
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