Kulicke & Soffa Industries Inc. announced the appointment of Raj Talluri as president and chief executive officer, effective immediately.
Talluri succeeds Fusen Chen, who had served as interim CEO following the resignation of former CEO Christian Strecker in March. The board of directors approved the appointment, which marks a transition to permanent leadership under Talluri.
Kulicke & Soffa, a provider of advanced semiconductor packaging and assembly equipment, did not disclose additional details regarding Talluri’s background or prior experience in its announcement.
The company’s shares were not actively traded in extended hours following the news. Kulicke & Soffa is listed on the NASDAQ under the ticker KLIC.
