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Diodes Incorporated Appoints Gary Yu as CEO
Diodes Incorporated Appoints Gary Yu as CEO

Yahoo

time14-05-2025

  • Business
  • Yahoo

Diodes Incorporated Appoints Gary Yu as CEO

Dr. Keh-Shew Lu to Remain Chairman of the Board PLANO, Texas, May 14, 2025--(BUSINESS WIRE)--Diodes Incorporated (Diodes or "the Company") (Nasdaq: DIOD) today announced that as part of its long-term succession plan, Gary Yu who has served as President since January 2, 2024, has been appointed Chief Executive Officer effective immediately. Dr. Keh-Shew Lu will continue to serve as Chairman of the Board. Dr. Keh-Shew Lu stated, "Gary has demonstrated exceptional leadership since assuming the role of President in early 2024 after having been at Diodes for over 16 years. His extensive knowledge of Diodes' market position, customer relationships and global manufacturing operations has been instrumental in advancing the Company's mission and long-term objectives." Gary Yu commented, "I am honored to assume the role of CEO and further build upon the strong foundation established by Dr. Lu over the past 20 years. Together with our talented management team and dedicated employees, I am personally committed to advancing Diodes to the next stage of success. Over the past year, I've devoted my time to strengthen relationships across all levels of the organization, fostering trust combined with a relentless focus on executing our operational objectives. My top priority remains on delivering accelerated growth, while expanding margins and profitability in the quarters and years ahead." With Gary Yu's promotion, Dr. Keh-Shew Lu will continue to serve as Chairman of the Board, acting as the principal liaison between the Company and the Board of Directors while also providing strategic counsel to the executive leadership team. For more detailed information on Mr. Yu's background as well as other Diodes' executives, please visit the Leadership Team page on Diodes' website. About Diodes Incorporated Diodes Incorporated (Nasdaq: DIOD), a Standard and Poor's SmallCap 600 and Russell 3000 Index company, delivers high-quality semiconductor products to the world's leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. We leverage our expanded product portfolio of analog and discrete power solutions combined with our leading-edge packaging technology to meet customers' needs. Our broad range of application-specific products and solutions-focused sales, coupled with global operations including engineering, testing, manufacturing, and customer service, enable us to be a premier provider for high-volume, high-growth markets. For more information visit Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this report that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include statements containing forward-looking words such as "expect," "anticipate," "aim," "estimate," and variations thereof, including without limitation statements, whether direct or implied, regarding the share repurchase plan and other information including the "Risk Factors" detailed from time to time in Diodes' filings with the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. We undertake no obligation to update or to revise any forward-looking statements. The Diodes logo is a registered trademark of Diodes Incorporated in the United States and other countries. © 2025 Diodes Incorporated. All Rights Reserved View source version on Contacts Company Contact:Diodes IncorporatedGurmeet DhaliwalDirector, Investor Relations & Corporate MarketingP: 408-232-9003E: Gurmeet_Dhaliwal@ Investor Relations Contact:Shelton GroupLeanne K. Sievers, PresidentP: 949-388-0648E: lsievers@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Diodes Incorporated Appoints Gary Yu as CEO
Diodes Incorporated Appoints Gary Yu as CEO

Business Wire

time14-05-2025

  • Business
  • Business Wire

Diodes Incorporated Appoints Gary Yu as CEO

PLANO, Texas--(BUSINESS WIRE)--Diodes Incorporated (Diodes or 'the Company') (Nasdaq: DIOD) today announced that as part of its long-term succession plan, Gary Yu who has served as President since January 2, 2024, has been appointed Chief Executive Officer effective immediately. Dr. Keh-Shew Lu will continue to serve as Chairman of the Board. Dr. Keh-Shew Lu stated, 'Gary has demonstrated exceptional leadership since assuming the role of President in early 2024 after having been at Diodes for over 16 years. His extensive knowledge of Diodes' market position, customer relationships and global manufacturing operations has been instrumental in advancing the Company's mission and long-term objectives.' Gary Yu commented, 'I am honored to assume the role of CEO and further build upon the strong foundation established by Dr. Lu over the past 20 years. Together with our talented management team and dedicated employees, I am personally committed to advancing Diodes to the next stage of success. Over the past year, I've devoted my time to strengthen relationships across all levels of the organization, fostering trust combined with a relentless focus on executing our operational objectives. My top priority remains on delivering accelerated growth, while expanding margins and profitability in the quarters and years ahead.' With Gary Yu's promotion, Dr. Keh-Shew Lu will continue to serve as Chairman of the Board, acting as the principal liaison between the Company and the Board of Directors while also providing strategic counsel to the executive leadership team. For more detailed information on Mr. Yu's background as well as other Diodes' executives, please visit the Leadership Team page on Diodes' website. About Diodes Incorporated Diodes Incorporated (Nasdaq: DIOD), a Standard and Poor's SmallCap 600 and Russell 3000 Index company, delivers high-quality semiconductor products to the world's leading companies in the automotive, industrial, computing, consumer electronics, and communications markets. We leverage our expanded product portfolio of analog and discrete power solutions combined with our leading-edge packaging technology to meet customers' needs. Our broad range of application-specific products and solutions-focused sales, coupled with global operations including engineering, testing, manufacturing, and customer service, enable us to be a premier provider for high-volume, high-growth markets. For more information visit Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth in this report that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such statements include statements containing forward-looking words such as 'expect,' 'anticipate,' 'aim,' 'estimate,' and variations thereof, including without limitation statements, whether direct or implied, regarding the share repurchase plan and other information including the 'Risk Factors' detailed from time to time in Diodes' filings with the United States Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. We undertake no obligation to update or to revise any forward-looking statements. The Diodes logo is a registered trademark of Diodes Incorporated in the United States and other countries.

Stocks making big moves yesterday: Allegro MicroSystems, Netflix, Hewlett Packard Enterprise, Sterling and Rocket Lab
Stocks making big moves yesterday: Allegro MicroSystems, Netflix, Hewlett Packard Enterprise, Sterling and Rocket Lab

Yahoo

time16-04-2025

  • Business
  • Yahoo

Stocks making big moves yesterday: Allegro MicroSystems, Netflix, Hewlett Packard Enterprise, Sterling and Rocket Lab

Allegro MicroSystems (NASDAQ:ALGM): Chip designer Allegro MicroSystems (NASDAQ:ALGM) Allegro MicroSystems fell by 13.4% on Monday after ON Semiconductor withdrew its proposal to acquire the company. See our full article here. Is now the time to buy Allegro MicroSystems? Access our full analysis report here, it's free. Netflix (NASDAQ:NFLX): Streaming video giant Netflix (NASDAQ: NFLX) Netflix rose by 5.9% on Tuesday after The Wall Street Journal reported that the company (NFLX) set a lofty goal to reach a $1 trillion market valuation by 2030. See our full article here. Is now the time to buy Netflix? Access our full analysis report here, it's free. Hewlett Packard Enterprise (NYSE:HPE): Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) Hewlett Packard Enterprise rose by 7.3% on Tuesday after activist investor Elliott management announced a stake estimated at $1.5 billion in the company. See our full article here. Is now the time to buy Hewlett Packard Enterprise? Access our full analysis report here, it's free. Sterling (NASDAQ:STRL): Civil infrastructure construction company Sterling Infrastructure (NASDAQ:STRL) Sterling rose by 6.7% on Tuesday after the S&P Dow Jones Indices announced that the company would replace Patterson (which was being acquired) in the S&P SmallCap 600 index before the opening of trading on Thursday, April 17, 2025. See our full article here. Is now the time to buy Sterling? Access our full analysis report here, it's free. Rocket Lab (NASDAQ:RKLB): Aerospace and defense company Rocket Lab (NASDAQ:RKLB) Rocket Lab rose by 13.1% on Tuesday after the company announced it was selected to provide hypersonic test launch capabilities through its HASTE launch vehicle, along with other related services, under two multi-billion-dollar government development programs for the United States and the United Kingdom. See our full article here. Is now the time to buy Rocket Lab? Access our full analysis report here, it's free. Sign in to access your portfolio

Sterling (STRL) Shares Skyrocket, What You Need To Know
Sterling (STRL) Shares Skyrocket, What You Need To Know

Yahoo

time15-04-2025

  • Business
  • Yahoo

Sterling (STRL) Shares Skyrocket, What You Need To Know

Shares of civil infrastructure construction company Sterling Infrastructure (NASDAQ:STRL) jumped 6.7% in the morning session after the S&P Dow Jones Indices announced that the company would replace Patterson (which was being acquired) in the S&P SmallCap 600 index before the opening of trading on Thursday, April 17, 2025. Being included in the index means that Sterling would likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock. We note that while buying of the stock could increase, this development does not change the fundamentals of the company. Revenue growth, expense efficiency, and capital intensity of the business, for instance, are not impacted by index inclusion or exclusion, so this is more of a technical tailwind for the stock. Is now the time to buy Sterling? Access our full analysis report here, it's free. Sterling's shares are extremely volatile and have had 35 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was about 1 month ago when the stock gained 5.4% as the stock rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns didn't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off. Sterling is down 15% since the beginning of the year, and at $142.56 per share, it is trading 28.9% below its 52-week high of $200.56 from January 2025. Investors who bought $1,000 worth of Sterling's shares 5 years ago would now be looking at an investment worth $17,094. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

Sterling Infrastructure Set to Join S&P SmallCap 600
Sterling Infrastructure Set to Join S&P SmallCap 600

Yahoo

time14-04-2025

  • Business
  • Yahoo

Sterling Infrastructure Set to Join S&P SmallCap 600

NEW YORK, April 14, 2025 /PRNewswire/ -- Sterling Infrastructure Inc. (NASD: STRL) will replace Patterson Companies Inc. (NASD: PDCO) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 17. Patient Square Capital is acquiring Patterson Companies in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 17, 2025 S&P SmallCap 600 Addition Sterling Infrastructure STRL Industrials April 17, 2025 S&P SmallCap 600 Deletion Patterson Companies PDCO Health Care For more information about S&P Dow Jones Indices, please visit ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit FOR MORE INFORMATION: S&P Dow Jones Indicesindex_services@ Media View original content: SOURCE S&P Dow Jones Indices Sign in to access your portfolio

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