Kulicke & Soffa Amends Bylaws to Declassify Board, Initiates Annual Director Elections

Reuters
09 Jun
Kulicke & Soffa Amends Bylaws to Declassify Board, Initiates Annual Director Elections

Kulicke and Soffa Industries Inc. announced amendments to their bylaws, approved by the Board on June 5, 2025, to declassify the Board of Directors. This change will introduce the annual election of all directors, phased in over four years. Starting with the 2026 annual meeting, directors will be elected for one-year terms, with full implementation by the 2029 annual meeting.

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