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Actionable news in KLIC: Kulicke and Soffa Industries, Inc.,

Kulicke and Soffa: Kulicke & Soffa Pte Ltd

The following excerpt is from the company's SEC filing.

23A Serangoon North Avenue 5 #01-01

K&S Corporate Headquarters

Singapore 554369



Co. Regn. No. 199902120H

Kulicke & Soffa Industries, Inc. Announces CEO Retirement and Appointment of Interim CEO

-- The Board of Directors of Kulicke & Soffa Industries, Inc. (NASDAQ:K LIC) ("Kulicke & Soffa", "K&S" or the "Company") announced today that it has agreed with Bruno Guilmart that he will step down as President, Chief Executive Officer and as a Director of the Company effective today. Mr. Guilmart plans to retire but will serve as an advisor to the Board of Directors until calendar year end 2015. The Board has named Jonathan H. Chou, Kulicke & Soffa’s Senior Vice President and Chief Financial Officer, to fill the role of interim Chief Executive Officer and it has formed a committee to conduct a search for a permanent successor among external and internal candidates.

Garrett E. Pierce, Chairman of the Board, stated "On behalf of the Board of Directors, I would like to thank Bruno for his meaningful contribution to Kulicke...