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Super Micro's Liaw Exits Board Following AI Chip Smuggling Charges
DeAnna Luna brings over 20 years of compliance experience to Supermicro as acting Chief Compliance Officer, following Yih-Shyan Liaw’s immediate board resignation.
- Yesterday, Super Micro Computer, Inc. announced Yih-Shyan 'Wally' Liaw resigned from the Board of Directors, reducing it to eight members, and appointed DeAnna Luna as acting Chief Compliance Officer, effective immediately.
- The U.S. Justice Department charged Liaw and others on Thursday with smuggling servers into China, prompting Liaw's resignation from Supermicro, which said it was not a defendant.
- DeAnna Luna, who joined Supermicro in 2024, brings more than two decades in global trade compliance, with experience at Intel Corporation and Teledyne Technologies and a B.A. from San Diego State University.
- Shares of Super Micro Computer, Inc. rose 2% after-hours following a session down over 33%, after the company said it placed Liaw and Chang on leave and was not named as a defendant.
- There are no changes to the Board's committee structure despite Liaw's resignation, and appointing an internal compliance executive aims to preserve regulatory and investor trust, Supermicro said.
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18 Articles
18 Articles
The Billings Gazette+15 Reposted by 15 other sources
Super Micro Computer Announces Resignation of Board Member Yih-Shyan "Wally" Liaw
DeAnna Luna Appointed Acting Chief Compliance Officer
·Billings, United States
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When Your Cofounder Becomes a Liability: The Super Micro Computer Meltdown
Super Micro Computer just had one of those days where you wake up and realize your cofounder decided to commit federal crimes. On Friday, SMCI stock nosedived 27%—and honestly, that might be the market being generous. Here’s the plot: Yih-Shyan “Wally” Liaw, one of the company’s cofounders, got arrested along with two others for allegedly orchestrating an illegal scheme to ship US-assembled servers packed with Nvidia AI chips directly to China. …
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