2016 TSMC Annual Report

TSMC Annual Report > 2016 > Company Profile > Management Team

Management Team

Information Regarding Management Team

As of 02/29/2016

Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
President and Co-Chief Executive Officer Mark Liu
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	11/15/1993	12,977,114	0.05%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering & Computer Science, University of California, Berkeley, U.S. Executive Vice President and Co-Chief Operating Officer, TSMC Senior Vice President, Operations, TSMC Senior Vice President, Advanced Technology Business, TSMC President, Worldwide Semiconductor Manufacturing Corp.						None
President and Co-Chief Executive Officer C.C. Wei
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	02/01/1998	7,179,207	0.03%	261	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering, Yale University, U.S. Executive Vice President and Co-Chief Operating Officer, TSMC Senior Vice President, Business Development, TSMC Senior Vice President, Mainstream Technology Business, TSMC Senior Vice President, Chartered Semiconductor Manufacturing Ltd.						Director, TSMC subsidiary
Senior Vice President and Chief Information Officer Information Technology, Materials Management and Risk Management Stephen T. Tso
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	12/16/1996	12,897,064	0.05%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Materials Science & Engineering, University of California, Berkeley, U.S. President, WaferTech, LLC Senior Vice President, Operations, TSMC General Manager of CVD Products, Applied Material, Inc.						Director, TSMC subsidiary
Senior Vice President, Chief Financial Officer and Spokesperson Finance Lora Ho
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Female	R.O.C.	06/01/1999	4,481,080	0.02%	2,230,268	0.01%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Master, Business Administration, National Taiwan University, Taiwan Senior Director, Accounting, TSMC Vice President & CFO, TI-Acer Semiconductor Manufacturing Corp.						Director and/or Supervisor, TSMC subsidiaries Director, TSMC affiliates President, TSMC subsidiaries
Senior Vice President Research and Development/Technology Development Wei-Jen Lo
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	07/01/2004	1,464,127	0.01%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Solid State Physics and Surface Chemistry, University of California, Berkeley, U.S. Vice President, Research and Development, TSMC Vice President, Operations/ Manufacturing Technology, TSMC Vice President, Advanced Technology Business, TSMC Vice President, Operation II, TSMC Director, Advanced Technology Development and CTM Plant Manager, Intel Corp.						None
Senior Vice President of TSMC and President of TSMC North America Rick Cassidy
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	U.S.A.	11/14/1997	-	-	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Bachelor, Engineering Technology, United States Military Academy at West Point, U.S. Vice President of TSMC North America Account Management						Director, TSMC North America
Senior Vice President Operations/Product Development Y.P. Chin (Note 2)
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	01/01/1987	6,971,122	0.03%	2,194,107	0.01%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Master, Electrical Engineering, National Cheng Kung University, Taiwan Vice President, Advanced Technology and Business, TSMC Senior Director, Product Engineering & Services, TSMC						None
Senior Vice President Research and Development/Technology Development Y.J. Mii (Note 2)
Gender	Nationality	On-board Date	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	11/14/1994	1,000,419	0.00%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering, University of California, Los Angeles, U.S. Senior Director, R&D Platform I Division, TSMC						None
Vice President Operations/AffiliateFabs M.C. Tzeng
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	01/01/1987	7,405,595	0.03%	-	-	-	-	Deputy Director	M.J. Tzeng	Siblings
Education & Selected Past Positions						Selected Current Positions at Other Companies
Master, Applied Chemistry, Chungyuan University, Taiwan Vice President, Mainstream Technology Business, TSMC Senior Director, Fab 2 Operation, TSMC						Director, TSMC subsidiaries Director, TSMC affiliate
Vice President and Chief Technology Officer Research and Development/Corporate Research Jack Sun
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	06/02/1997	3,981,831	0.02%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering, University of Illinois at Urbana-Champaign, U.S. Vice President, Research and Development, TSMC Senior Director, Logic Technology Division, TSMC Senior Manager of R&D, International Business Machines (IBM)						None
Vice President Quality and Reliability N.S. Tsai
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	03/01/2000	1,988,180	0.01%	1,103,253	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Material Science, Massachusetts Institute of Technology, U.S. Senior Director, Assembly Test Technology & Service, TSMC Vice President, Operations, Vanguard International Semiconductor Corp.						None
Vice President Operations/Mainstream Fabs and Manufacturing Technology J.K. Lin
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	01/01/1987	12,498,018	0.05%	1,048,387	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Bachelor, Science, National Changhua University of Education, Taiwan Senior Director, Mainstream Fabs, TSMC						Director, TSMC subsidiaries Director, TSMC affiliate
Vice President Operations/300mm Fabs J.K. Wang
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	02/11/1987	2,553,947	0.01%	160,844	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Master, Chemical Engineering, National Cheng Kung University, Taiwan Senior Director, 300mm fab operations, TSMC						Director, TSMC subsidiary
Vice President Corporate Planning Organization Irene Sun
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Female	R.O.C.	10/01/2003	420,709	0.00%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Materials Science and Engineering, Cornell University, U.S. Senior Director, Corporate Planning Organization, TSMC						None
Vice President Research and Development/Design and Technology Platform Cliff Hou
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	12/15/1997	352,532	0.00%	60,802	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering, Syracuse University, U.S. Senior Director, Design and Technology Platform, TSMC						Director, TSMC subsidiaries Director, TSMC affiliate President, TSMC subsidiaries
Vice President Business Development Been-Jon Woo
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Female	R.O.C.	04/30/2009	320,000	0.00%	51,000	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Chemistry, University of Southern California, U.S. Director of Business Development, TSMC Vice President of R&D, Grace Semiconductor Manufacturing Corp. Director of Technology Integration, Intel Corp.						None
Vice President and General Counsel Legal Sylvia Fang
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Female	R.O.C.	03/20/1995	700,285	0.00%	419,112	0.00%	34,000	0.00%	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Master of Comparative Law, School of Law, University of Iowa Attorney-at-law, Taiwan Associate General Counsel, TSMC Taiwan International Patent and Law Office (TIPLO)						Director and/or Supervisor, TSMC subsidiaries
Vice President Human Resources Connie Ma
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Female	R.O.C.	06/01/2014	80,000	0.00%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
EMBA, International Business Management, National Taiwan University Director of Human Resources, TSMC Senior Vice President of Global Human Resources, Trend Micro Inc.						None
Vice President Research and Development/Technology Development Y.L. Wang
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	06/01/1992	218,535	0.00%	1,135,529	0.00%	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
Ph.D., Electrical Engineering, National Chiao Tung University, Taiwan Vice President, Fab 14B operations, TSMC Senior Director, Fab 14B operations, TSMC						None
Vice President Research and Development/Integrated Interconnect & Packaging Douglas Yu (Note 3)
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	R.O.C.	12/28/1994	225,000	0.00%	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
PhD, Materials Engineering, Georgia Institute of Technology, USA Senior Director of Integrated Interconnect & Packaging Division in R&D, TSMC						None
Vice President Research and Development/More-than-Moore Technologies Alexander Kalnitsky (Note 3)
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	U.S.A.	06/15/2009	-	-	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
PhD, Electrical Engineering, Carleton University, Canada Senior Director of More-than-Moore Technologies Division in R&D, TSMC						None
Vice President Research and Development/Design and Technology Platform Kevin Zhang (Note 3)
Gender	Nationality	On-board Date (Note 1)	Shareholding		Spouse & Minor		TSMC Shareholding by Nominee Arrangement		Managers Who are Spouses or within Second-degree Relative of Consanguinity to Each Other
Gender	Nationality	On-board Date (Note 1)	Shareholding	%	Shareholding	%	Shareholding	%	Title	Name	Relation
Male	U.S.A.	11/01/2016	-	-	-	-	-	-	None	None	None
Education & Selected Past Positions						Selected Current Positions at Other Companies
PhD, Electrical Engineering, Duke University, USA Vice President, Technology and Manufacturing Group, Intel Corp.						None

Note 1:	On-board date means the official date joining TSMC.
Note 2:	Mr. Y.P. Chin and Dr. Y.J. Mii were promoted to Senior Vice President, effective November 8, 2016.
Note 3:	Dr. Douglas Yu, Dr. Alexander Kalnitsky and Dr. Kevin Zhang were promoted to Vice President, effective November 8, 2016.

Compensation Paid to CEO, President, and Vice Presidents (Note 1)

Unit: NT$ thousands

Note 1:	Compensation policy, standards/packages, procedures, the linkage to operating performance and future risk exposure: The total compensation paid to Chief Executive Officer, Chief Financial Officer and General Counsel is proposed by Chairman based on their job responsibility, contribution, company performance and projected future risks the Company will face. The total compensation paid to other executive officers is proposed by Chairman and Chief Executive Officer. The proposals are reviewed by the Compensation Committee before submitted to the Board of Directors for final approval.
Note 2:	Mr. Y.P. Chin and Dr. Y.J. Mii were promoted to Senior Vice President, effective November 8, 2016.
Note 3:	Dr. Douglas Yu, Dr. Alexander Kalnitsky and Dr. Kevin Zhang were promoted to Vice President, effective November 8, 2016.
Note 4:	Pensions funded/paid according to applicable law.
Note 5:	The above-mentioned figures include the expense for the employees’ cash bonuses distributed in May, August, November 2016 and February 2017, Company cars and gasoline reimbursement, but does not include compensation paid to Company drivers (totaled NT$3,432 thousand).
Note 6:	Total compensation of TSMC and all consolidated entities paid to TSMC’s Chief Executive Officer and Executive Officers in 2015 were NT$1,406,547 thousand and NT$1,491,529 thousand respectively, accounting for 0.46% and 0.49% of 2015 net income respectively.

Compensation Paid to CEO, President and Vice Presidents

	2016
	From TSMC	From All Consolidated Entities and Non-consolidated Affiliate
NT$0 ~ NT$2,000,000	Rick Cassidy	None
NT$2,000,000 ~ NT$4,999,999	None	None
NT$5,000,000 ~ NT$9,999,999	Douglas Yu, Alexander Kalnitsky	Douglas Yu, Alexander Kalnitsky
NT$10,000,000 ~ NT$14,999,999	None	None
NT$15,000,000 ~ NT$29,999,999	Kevin Zhang	Kevin Zhang
NT$30,000,000 ~ NT$49,999,999	J.K. Wang, Irene Sun, Been-Jon Woo, Sylvia Fang, Connie Ma, Y. L. Wang	J.K. Wang, Irene Sun, Been-Jon Woo, Sylvia Fang, Connie Ma, Y. L. Wang
NT$50,000,000 ~ NT$99,999,999	Y.P. Chin, Y.J. Mii, M.C. Tzeng, Jack Sun, N.S. Tsai, J.K. Lin, Cliff Hou	Rick Cassidy, Y.P. Chin, Y.J. Mii, M.C. Tzeng, Jack Sun, N.S. Tsai, J.K. Lin, Cliff Hou
Over NT$100,000,000	Mark Liu, C.C. Wei, Lora Ho, Stephen T. Tso, Wei-Jen Lo	Mark Liu, C.C. Wei, Lora Ho, Stephen T. Tso, Wei-Jen Lo
Total	22	22