0000056978-20-000104.txt : 20200915 0000056978-20-000104.hdr.sgml : 20200915 20200915170937 ACCESSION NUMBER: 0000056978-20-000104 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20200915 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200915 DATE AS OF CHANGE: 20200915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KULICKE & SOFFA INDUSTRIES INC CENTRAL INDEX KEY: 0000056978 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 231498399 STATE OF INCORPORATION: PA FISCAL YEAR END: 1003 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00121 FILM NUMBER: 201176670 BUSINESS ADDRESS: STREET 1: 23A SERANGOON NORTH AVENUE 5, #01-01 CITY: SINGAPORE STATE: U0 ZIP: 554369 BUSINESS PHONE: 2157846000 MAIL ADDRESS: STREET 1: 23A SERANGOON NORTH AVENUE 5, #01-01 CITY: SINGAPORE STATE: U0 ZIP: 554369 8-K 1 a8kdirectorsep152020.htm 8-K Document
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
____________________________________________________
 
FORM 8-K
 
____________________________________________________
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported): September 15, 2020  
____________________________________________________
KULICKE AND SOFFA INDUSTRIES, INC.
(Exact name of registrant as specified in its charter) 
 ____________________________________________________ 
Pennsylvania
 
000-00121
 
23-1498399
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
 


 

 23A Serangoon North Avenue 5, #01-01, K&S Corporate Headquarters, Singapore 554369
(Address of Principal Executive Offices and Zip Code)

Registrant’s telephone number, including area code: (215) 784-6000  
N/A
(Former Name or Former Address, if Changed Since Last Report)
____________________________________________________
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, Without Par Value
KLIC
The Nasdaq Global Market





Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 15, 2020, Kulicke and Soffa Industries, Inc. (the “Company”) issued a press release announcing the planned retirement of Garrett E. Pierce from the Company’s board of directors (the “Board”) and as Chairman of the Board on September 30, 2020, in accordance with the Company’s retirement policy set forth in the Company’s Corporate Governance Guidelines. Peter T. Kong, who has served as a member of the Board since February 2014, will be appointed Chairman of the Board effective October 1, 2020.
Mr. Pierce’s retirement was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
A copy of the Company’s press release announcing the retirement and appointment is attached hereto as Exhibit 99.1.

Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits.
 
 
Exhibit No.
Description
99.1
Press Release dated September 15, 2020
104
Inline XBRL for the cover page of this Current Report on Form 8-K






SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
KULICKE AND SOFFA INDUSTRIES, INC.
 
 
 
 
Date: September 15, 2020
By:
/s/ LESTER WONG
 
 
Name:
Lester Wong
 
 
Title:
Senior Vice President and Chief Financial Officer
 
 
 
 
 






EXHIBIT INDEX
 
 
Exhibit No.
Description
99.1
104
Inline XBRL for the cover page of this Current Report on Form 8-K



EX-99.1 2 ex991directorsep152020.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1
logoa02a01a01a57.jpg
K&S Corporate Headquarters
Kulicke & Soffa Pte Ltd
23A Serangoon North Ave 5
#01-01, Singapore 554369
 
+65-6880-9600 main
+65-6880-9580 fax
www.kns.com
Co. Regn. No. 199902120H
 
Kulicke & Soffa to Appoint Peter T. Kong as Chairman of the Board of Directors Upon Garrett Pierce’s Planned Retirement

SINGAPORE - September 15, 2020 - Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced the planned retirement of Garrett E. Pierce from the Board and as Chairman of the Board on September 30, 2020 having reached the Company’s mandatory retirement age. Peter T. Kong who has served as a Director for K&S since February 2014 will be appointed Chairman of the Board effective October 1, 2020.
Mr. Pierce has served as a Director to K&S since November 2005 and served as Chairman of the Board of Directors since September 2014 and prior to that date as Chairman of the Audit Committee. “Garrett’s personal dedication combined with his deep-rooted experience has enhanced the Company’s ability to create and deliver value to shareholders. On behalf of the Board and the Company, I thank Garrett for his immense contributions over the past 15 years,” stated Mr. Kong.
Mr. Pierce stated, “During the past few years, K&S evolved into a much more diversified company with many new technologically advanced high-growth products in its pipeline. I am confident that under Peter Kong, President & CEO Fusen Chen and the management team’s leadership, K&S has an extremely bright future.”
Mr. Kong served as President of the Global Components Business of Arrow Asia Pacific from May 2009 to December 2013 as well as holding many other leadership positions within Arrow from 2006. Before Arrow, he served as the President of Asia Pacific Operations at Lear Corp from 1998 to 2006.
Mr. Kong holds a master's degree in Business Administration from the University of Toronto, a master's degree in Chemical Engineering from the University of Wisconsin, and a bachelor's degree in Chemical Engineering from Washington State University.

About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.
Leveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa’s expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future (www.kns.com).

Contacts:
Kulicke & Soffa
 
Marilyn Sim
 
Public Relations
 
P: +65-6880-9309
 
F: +65-6880-9580
 
msim@kns.com
 

1


Kulicke & Soffa
 
Joseph Elgindy
 
Investor Relations
 
P: +1-215-784-7500
 
F: +1-215-784-6180
 
 


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Document and Entity Information
Sep. 15, 2020
May 29, 2020
Cover [Abstract]    
Document Type 8-K  
Document Period End Date Sep. 15, 2020  
Entity Registrant Name KULICKE & SOFFA INDUSTRIES INC  
Entity Central Index Key 0000056978  
Amendment Flag false  
Entity Incorporation, State or Country Code PA  
Entity File Number 000-00121  
Entity Tax Identification Number 23-1498399  
Entity Address, Address Line One  23A Serangoon North Avenue 5  
Entity Address, Address Line Two #01-01  
Entity Address, Address Line Three K&S Corporate Headquarters  
Entity Address, Country SG  
Entity Address, Postal Zip Code   554369
City Area Code 215  
Local Phone Number 784-6000  
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Trading Symbol KLIC  
Security Exchange Name NASDAQ  
Entity Address, City or Town Singapore  
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