
TSMC on Tuesday announced that company chair Mark Liu will retire in 2024 after the company’s annual shareholder’s meeting. In a statement, the company has said it will recommend vice chair and CEO C.C. Wei to take over his spot. The nomination will still have to be approved by the board of directors elected next June.
TSMC Chair Mark Liu’s retirement next year has caught headlines. On Bloomberg, a subheading suggests C.C. Wei will take over his spot.
On his retirement, TSMC founder Morris Chang appointed Liu and Wei to lead the company, saying that he was optimistic about the effect of their complementary personalities. Chang at the time said that Liu is meditative, whereas Wei likes to make decisions fast. Now after five years as chair, Liu is stepping down.
Observers say Wei is a good communicator with both clients and investors.
Weng Wei-chieh
Seasoned analyst
As far as internal operations go, it seems that C.C. Wei is responsible for approaching clients and investors, and handling all related affairs.
Wei’s good humor has made him a popular figure among reporters.
When Warren Buffet’s Berkshire Hathaway slashed its holding of TSMC’s American depositary receipts, Wei bought 46 TSMC shares to support his company. It was the biggest investment in the company by any senior executive this year.
Observers are closely watching whether TSMC will retain its double-leadership structure and whether the company will change its overall direction.
Weng Wei-chieh
Seasoned analyst
Will it continue its focus on R&D for advanced processes? Will it continue to expand overseas? This is something to pay attention to. The company’s entire decision-making process should offer us some hints as to where TSMC will be in five or 10 years.
TSMC shares closed at NT$585 on Wednesday. In just five years, the company’s shares more than tripled in value, from NT$216.5 to NT$688 on Jan. 17, 2022, winning TSMC a spot in the Top 10 biggest companies in the world by market value.
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台積電週二宣布,董事長劉德音將不參與下屆董事提名,於明年股東會後退休。台積電內部推薦副董事長暨總裁魏哲家,接任下屆董座,並將以明年六月董事會選舉結果為主。
全球最大晶圓代工廠董座明年卸任,登上彭博社版面,副標題寫著魏哲家將領導台積電。
台積電創辦人張忠謀當初欽點雙首長劉德音和魏哲家接班,就是看好兩人個性互補,張忠謀認為劉德音思慮周詳、魏哲家決策速度快。沒想到,劉德音上任五年後宣布要退休。
擅長和客戶與投資人溝通,是魏哲家給外界的印象。
[[資深分析師 翁偉捷]]
“對內的部分,看起來對於魏哲家是負責跟客戶,或是投資人這邊去進行一些接洽,負責的是比較偏台積電內部事務的一些相關的處理。”
魏哲家幽默風格,幾乎記者會上都能看見。
他更在股神巴菲特大砍台積電ADR時,買進46張台積電,用行動力挺公司,成為今年加碼最多台積電的高階管理階層。
未來台積電是否結束雙首長制、公司的發展方向也備受關注。
[[資深分析師 翁偉捷]]
“到底是要偏重在於持續的這個高端製程的一個研發,還是說持續的向海外去進行擴張,這個就要特別留意一下,在整個選擇的過程當中,應該就會暗示未來台積電接下來五到十年左右的發展的狀況。”
台積電週三股價收在585元,短短五年,從216.5元飆漲到2022年1月17日的高點688元,市值翻3.1倍,也讓台積電擠身全球市值前10大企業。
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