Annual Reports  >  2013  >  Company Profile > Management Team
Management TeamManagement Team
繁中

Information Regarding Management Team (Note 1)

As of 02/28/2014

  • President and Co-Chief Executive Officer
    Mark Liu

    close(X)

    President and Co-Chief Executive Officer
    Mark Liu (Note 3)

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    11/15/1993

    13,012,114

    0.05%

    -

    -

    -

    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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
    Vice President, South Site Operation, TSMC
    President, Worldwide Semiconductor Manufacturing Corp.
    Director, TSMC affiliate

    None

    None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.

  • President and Co-Chief Executive Officer
    C.C. Wei

    close(X)

    President and Co-Chief Executive Officer
    C.C. Wei (Note 3)

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    02/01/1998

    8,460,207 0.03% 261 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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
    Vice President, South Site Operation, TSMC
    Senior Vice President, Chartered Semiconductor Manufacturing Ltd.
    None None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Senior Vice President and Chief Information Officer
    Information Technology, Materials Management and Risk Management
    Stephen T. Tso

    close(X)

    Senior Vice President and Chief Information Officer
    Information Technology, Materials Management and Risk Management
    Stephen T. Tso

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    12/16/1996

    13,845,064 0.05% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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
    Director, TSMC subsidiary None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Senior Vice President and General Counsel
    Legal
    Richard Thurston

    close(X)

    Senior Vice President and General Counsel
    Legal
    Richard Thurston

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    01/02/2002 857,602 0.00% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    J.D., Rutgers School of Law, State University of New Jersey, U.S.
    Ph.D., History, University of Virginia, U.S.
    Partner, Haynes Boone, LLP
    Vice President Corporate Staff, Assistant General Counsel,
        Texas Instruments Inc.
    Director, TSMC subsidiaries
    Director, TSMC affiliate
    None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Senior Vice President,
    Chief Financial Officer and Spokesperson
    Finance
    Lora Ho

    close(X)

    Senior Vice President,
    Chief Financial Officer and Spokesperson
    Finance
    Lora Ho

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    06/01/1999 6,381,080 0.02% 110,268 0.00% -
    Education & Selected Past Positions Selected Current Positions at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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
    None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Senior Vice President
    Research and Development
    Wei-Jen Lo

    close(X)

    Senior Vice President
    Research and Development
    Wei-Jen Lo (Note 4)

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    07/01/2004 1,600,127 0.01% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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
    None None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Senior Vice President of TSMC and President of TSMC North America
    Rick Cassidy

    close(X)

    Senior Vice President of TSMC and President of TSMC North America
    Rick Cassidy (Note 4)

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    11/14/1997 - - - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Bachelor, Engineering Technology, United States Military
        Academy at West Point, U.S.
    Vice President of TSMC North America Account Management
    Director, TSMC North America None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Operations/Affiliate Fabs
    M.C. Tzeng

    close(X)

    Vice President
    Operations/Affiliate Fabs
    M.C. Tzeng

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    01/01/1987 7,592,595 0.03% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Master, Applied Chemistry, Chungyuan University, Taiwan
    Vice President, Mainstream Technology Business, TSMC
    Senior Director, Fab 2 Operation, TSMC
    Director, TSMC subsidiaries Department
    Manager
    M.J. Tzeng Siblings
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President and Chief Technology Officer
    Research and Development
    Jack Sun

    close(X)

    Vice President and Chief Technology Officer
    Research and Development
    Jack Sun

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    06/02/1997 4,368,831 0.02% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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 None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Operations/Product Development
    Y.P. Chin

    close(X)

    Vice President
    Operations/Product Development
    Y.P. Chin

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    01/01/1987 7,428,122 0.03% 2,194,107 0.01% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Master, Electrical Engineering, National Cheng Kung University,
        Taiwan
    Vice President, Advanced Technology and Business, TSMC
    Senior Director, Product Engineering & Services, TSMC
    None None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Quality and Reliability
    N.S. Tsai

    close(X)

    Vice President
    Quality and Reliability
    N.S. Tsai

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    03/01/2000 2,051,180 0.01% 1,103,253 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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 None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Operations/Mainstream Fabs and Manufacturing Technology
    J.K. Lin

    close(X)

    Vice President
    Operations/Mainstream Fabs and Manufacturing Technology
    J.K. Lin

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    01/01/1987 12,498,018 0.05% 1,618,036 0.01% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Bachelor, Science, National Changhua University of Education,
        Taiwan
    Senior Director, Mainstream Fabs, TSMC
    Director, TSMC affiliates None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Operations/300mm Fabs
    J.K. Wang

    close(X)

    Vice President
    Operations/300mm Fabs
    J.K. Wang

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    02/11/1987 2,553,947 0.01% 160,844 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Master, Chemical Engineering, National Cheng Kung University,
        Taiwan
    Senior Director, 300mm fab operations, TSMC
    None Manager J.J. Wang Siblings
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Corporate Planning Organization
    Irene Sun

    close(X)

    Vice President
    Corporate Planning Organization
    Irene Sun

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    10/01/2003 800,709 0.00% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Ph.D., Materials Science and Engineering, Cornell University, U.S.
    Senior Director, Corporate Planning Organization, TSMC
    None Manager Thomas T. Sun Siblings
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Research and Development
    Burn J. Lin

    close(X)

    Vice President
    Research and Development
    Burn J. Lin

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    04/26/2000 2,777,746 0.01% 1,024,933 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Ph.D., Electrical Engineering, Ohio State University, U.S.
    Senior Director, Nanopatterning Technology Division, TSMC
    None None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Research and Development
    Y.J. Mii

    close(X)

    Vice President
    Research and Development
    Y.J. Mii

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    11/14/1994 1,000,419 0.00% - - -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Ph.D., Electrical Engineering, University of California, Los Angeles,
         U.S.
    Senior Director, R&D Platform I Division, TSMC
    None None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Research and Development
    Cliff Hou

    close(X)

    Vice President
    Research and Development
    Cliff Hou

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    12/15/1997 652,532 0.00% 60,802 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    Ph.D., Electrical Engineering, Syracuse University, U.S.
    Senior Director, Design and Technology Platform, TSMC
    Director, TSMC subsidiaries
    Director, TSMC affiliate
    President, TSMC subsidiaries
    None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
  • Vice President
    Business Development
    Been-Jon Woo

    close(X)

    Vice President
    Business Development
    Been-Jon Woo (Note 5)

    On-board Date
    (Note 2)

    Shareholding

    Spouse & Minor

    TSMC Shareholding by
    Nominee Arrangement
    (Shares)

    Shareholding

    %

    Shareholding

    %

    04/30/2009 115,000 0.00% 42,000 0.00% -
    Education & Selected Past Positions Selected Current Positions
    at Other Companies

    Managers Who are Spouses or within
    Second-degree Relative of
    Consanguinity to Each Other

    Title Name Relation
    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 None None None
    Note 2: On-board date means the official date joining TSMC.
    Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
    Note 4: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
    Note 5: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
Note 1:
- Effective November 12, 2013, Chairman and Chief Executive Officer Dr. Morris Chang retired as Chief Executive Officer. Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei assumed the role as Co-Chief Executive Officers.
- Executive Vice President and Co-Chief Operating Officer Dr. Shang-yi Chiang voluntarily retired, effective November 1, 2013.
- Senior Vice President of Worldwide Sales and Marketing Mr. Jason C.S. Chen resigned as the Executive Officer, effective November 23, 2013.

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

Unit: NT$ thousands

Compensation Paid to CEO, President and Vice Presidents

Note 1: Compensation Policy: The cash compensation and profit sharing paid to Chief Executive Officer and each executive officer are also reviewed by the Compensation Committee individually based on their job responsibility, contribution, and projected future risks facing the Company before the compensation and profit sharing proposals are submitted to the Board of Directors for approval.
Note 2: Effective November 12, 2013, Chairman and Chief Executive Officer Dr. Morris Chang retired as Chief Executive Officer. Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei assumed the role as Co-Chief Executive Officers.
Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
Note 4: Executive Vice President and Co-Chief Operating Officer Dr. Shang-yi Chiang voluntarily retired, effective November 1, 2013.
Note 5: Senior Vice President of Worldwide Sales and Marketing Mr. Jason C.S. Chen resigned as the Executive Officer, effective November 23, 2013.
Note 6: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
Note 7: Vice President of Human Resources Mr. L.C. Tu was appointed as President of TSMC China, effective March 15, 2013.
Note 8: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.
Note 9: Pensions funded according to applicable law.
Note 10: The above-mentioned figures include the expense for the employees’ cash bonuses distributed in May, August, November 2013 and February 2014, Company cars and gasoline reimbursement, but does not include compensation paid to Company drivers (totaled NT$5,851 thousand).
Note 11: The above-mentioned figures are preliminary and the proposed employee profit sharing distribution will be processed after the approval of the same by shareholders at the Annual Shareholders’ Meeting on June 24, 2014.
Note 12: Total compensation paid to TSMC’s Chief Executive Officer and Executive Officers in 2012 was NT$1,261,465 thousand, accounting for 0.76% of 2012 net income.
Note 13: Represents cumulative employee stock options exercisable as of the date of this Annual Report.
Note 14: TSMC did not issue employee restricted stock in 2013, and as of the date of this Annual Report.

Compensation Paid to CEO, President and Vice Presidents

 

2013

From TSMC

From All Consolidated Entities and Non-consolidated Affiliates

Under NT$2,000,000 Rick Cassidy None
NT$2,000,000 ~ NT$4,999,999 Been-Jon Woo Been-Jon Woo
NT$5,000,000 ~ NT$9,999,999 L.C. Tu L.C. Tu
NT$10,000,000 ~ NT$14,999,999 None None
NT$15,000,000 ~ NT$29,999,999 Jason C.S. Chen, Cliff Hou Jason C.S. Chen, Cliff Hou
NT$30,000,000 ~ NT$49,999,999 M.C. Tzeng, Y.P. Chin, N.S. Tsai, J.K. Lin, Irene Sun, Burn J. Lin, Y.J. Mii, J.K. Wang M.C. Tzeng, Y.P. Chin, N.S. Tsai, J.K. Lin, Irene Sun, Burn J. Lin, Y.J. Mii, J.K. Wang
NT$50,000,000 ~ NT$99,999,999 Mark Liu, C.C. Wei, Shang-yi Chiang, Stephen T. Tso, Richard Thurston, Lora Ho, Wei-Jen Lo, Jack Sun Mark Liu, C.C. Wei, Shang-yi Chiang, Stephen T. Tso, Richard Thurston, Lora Ho, Wei-Jen Lo, Jack Sun, Rick Cassidy
Over NT$100,000,000 Morris Chang Morris Chang
Total 22 22

Employee Profit Sharing Granted to Management Team (Note 1)

Unit: NT$ thousands

Title

Name

Stock (Fair Market Value)

Cash

Total Employee Profit Sharing

Total Employee Profit Sharing Paid to Management Team
as a % of 2013
Net Income

Chairman Morris Chang
(Note 2)

-

484,811

484,811

0.26%

President and Co-Chief Executive Officer Mark Liu
(Note 3)
President and Co-Chief Executive Officer C.C. Wei
(Note 3)
Executive Vice President and Co-Chief Operating Officer Shang-yi Chiang
(Note 4)
Senior Vice President and Chief Information Officer
Information Technology, Materials Management and Risk Management
Stephen T. Tso
Senior Vice President and General Counsel
Legal
Richard Thurston
Senior Vice President, Chief Financial Officer and Spokesperson
Finance
Lora Ho
Senior Vice President
Worldwide Sales and Marketing
Jason C.S. Chen
(Note 5)
Senior Vice President
Research and Development
Wei-Jen Lo
(Note 6)
Senior Vice President of TSMC and
President of TSMC North America
Rick Cassidy
(Note 6)
Vice President
Operations/Affiliate Fabs
M.C. Tzeng
Vice President and Chief Technology Officer
Research and Development
Jack Sun
Vice President
Operations/Product Development
Y.P. Chin
Vice President
Quality and Reliability
N.S. Tsai
President of TSMC China L.C. Tu
(Note 7)
Vice President
Operations/Mainstream Fabs and Manufacturing Technology
J.K. Lin
Vice President
Operations/300mm Fabs
J.K. Wang
Vice President
Corporate Planning Organization
Irene Sun
Vice President
Research and Development
Burn J. Lin
Vice President
Research and Development
Y.J. Mii
Vice President
Research and Development
Cliff Hou
Vice President
Business Development
Been-Jon Woo
(Note 8)
Note 1: The above-mentioned figures are preliminary and the proposed employee profit sharing distribution will be processed after the approval of the same by shareholders at the Annual Shareholders’ Meeting on June 24, 2014.
Note 2: Effective November 12, 2013, Chairman and Chief Executive Officer Dr. Morris Chang retired as Chief Executive Officer. Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei assumed the role as Co-Chief Executive Officers.
Note 3: Executive Vice Presidents and Co-Chief Operating Officers Drs. Mark Liu and C.C. Wei were appointed as President and Co-Chief Executive Officer, effective November 12, 2013.
Note 4: Executive Vice President and Co-Chief Operating Officer Dr. Shang-yi Chiang voluntarily retired, effective November 1, 2013.
Note 5: Senior Vice President of Worldwide Sales and Marketing Mr. Jason C.S. Chen resigned as the Executive Officer, effective November 23, 2013.
Note 6: Dr. Wei-Jen Lo and Mr. Rick Cassidy were promoted to Senior Vice President, effective February 18, 2014.
Note 7: Vice President of Human Resources Mr. L.C. Tu was appointed as President of TSMC China, effective March 15, 2013.
Note 8: Dr. Been-Jon Woo was promoted to Vice President, effective November 12, 2013.