April 16, 2007 – Singapore foundry Chartered Semiconductor Manufacturing says it has shuffled a number of top executives amid a realignment to “position the company for the next phase of growth.”

Essentially, there were four moves made:

– KC Ang, SVP of fab operations in Singapore, will become SVP of worldwide sales and marketing;
– Simon Yang, SVP/CTO, will add SVP of fab operations to his responsibilities;
– Mike Rekuc, who spent several years in Singapore overseeing the execution of the company’s customer strategy, will move back to the US to reassume his previous role of president of the Americas region;
– Dominique Simon, currently president of the Americas region, will move to Singapore as the new VP of business development and global accounts.

“With the growth and evolution of the semiconductor and foundry markets, we recognize that our customers need tighter integration between technology, customer engagement, and manufacturing in order to better address their time-to-market demands,” said Chia Song Hwee, president/CEO of Chartered, in a statement. “With the changes announced today, I believe Chartered will be in a better position to anticipate and respond to evolving customers’ demands, thus positioning the company for its next phase of growth.”