In 2016, CTCI Corporation initiated its new branding campaign, highlighting "Most Reliable" as its brand spirit and "Discover Reliable" as its brand slogan. This was done with the hope of letting allowing all stakeholders to clearly understand the meaning behind CTCI being the most reliable global engineering service provider, upholding the principles of "Professionalism, Integrity, Teamwork, and Innovation."
Structure of The Board of Directors
The Board of Directors is the highest-ranked decision-making team in the Corporation, and it is responsible for formulating the structure of corporate governance. Besides being responsible for the overall operational strategies, it also supervises the implementation results of decisions from senior management. CTCI has elected 13 Directors (including 3 Independent Directors) to serve on the Board of Directors, as required by our "Articles of Incorporation" and the "CTCI Corporation Rules Governing the Election of Directors." Each term lasts for 3 years. According to the "Regulations of Adopting Nomination Mechanism to Board of Directors Election," the nomination mechanism has been adopted for Board of Director elections. According to the "Rules Governing Procedure for Board of Directors' Meetings," the Board is required to hold at least 1 meeting per quarter. The Board shall observe severe self-discipline to honor the "Codes of Ethical Conduct." If the agenda involves a board member's personal interest, he/she shall not attend the meeting, and he/she shall not exercise the voting right on other directors' behalf.
CTCI Board of Directors
Data up to 2017/01/23
|Job title||Name in Chinese||Corporate Directors||Currently also serve in these primary roles|
|Chairman||John T. Yu||
Hsin-Li Developments Co., Ltd.
|CEO of CTCI Group|
|Vice Chairman||John H. Lin||
Innovest Investment Corporation
|Deputy CEO of CTCI Group|
|Managing Director||Andy Sheu||
Sino Environmental Service Corp
|Second Deputy CEO of CTCI Group|
|Independent Director||Johnny Shih||Vice Chairman of Far Eastern New Century Corporation|
|Independent Director||Jack J.T. Huang||Partner-in-Charge, Jones Day Taipei|
|Independent Director||Frank L. S. Fan||N/A|
|CEO in CTCI Foundation|
|Director||Quintin Wu||Chairman of USI Corporation|
|Director||Bing Shen||Independent Director of Far Eastern International Bank|
|Director||Yancey Hai||Chairman of Delta Electronics, Inc.|
|Director||Cheng-Yun Koo (Note)||Chairman and President of Taiwan Cement Corporation|
|Director||Wen-Yen Pan||Chairman of CTCI Foundation|
|Director||Michael Yang||Asia Crown Second Investment Co, Ltd.||Deputy CEO of CTCI Group|
Note 1: Director Koo passed away on January 23,
2017, and his duty was released on the same day.
Note 2: Due to the industry nature of CTCI, male employees take majority, and currently our directors are all male. Nevertheless, will continue to seek appropriate female candidates as directors to truly realize gender equality.
Note 3: Pursuant to Article 20 of the "Corporate Governance Standard’s diversification policy in electing Board members, the adequacy and diversity of Board members' professional backgrounds shall be taken into consideration in designing Board composition. Based on this principle, our board members include practicing lawyers, professionals in finance, and managers of listed companies in various industries (e.g. electronics, plastics, photoelectric, textile, cement industry, etc.). By the end of 2016, the age distribution of the Board members is above 50 years old, and average attendance rate in 2016 was 82.42%.
Core items of diversificationName of Director
|Gender||Operation & management||Law||Financial accounting||Industry knowledge|
|John T. Yu||Male||V|
|Jack J.T. Huang||Male||V|
|Frank L. S. Fan||Male||V|