Annual Reports  >  2014  >  Company Profile > Board Members
Board Members
繁中

Information Regarding Board Members

As of 02/28/2015

Chairman
Morris Chang

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

U.S.A.

06/12/2012

06/11/2015

12/10/1986

123,137,914

0.48%

125,137,914

0.48%

135,217

0.00%

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Bachelor Degree in Mechanical Engineering, MIT

Master Degree in Mechanical Engineering, MIT

Ph.D. in Electrical Engineering, Stanford University


Former Group Vice-President, Texas Instruments Inc.

Former President & COO, General Instrument Corporation

Former Chairman, Industrial Technology Research Institute

Former CEO, TSMC


Member of National Academy of Engineering, U.S.A.

Life Member Emeritus of MIT Corporation

Fellow of the Computer History Museum, U.S.A.

None

Vice Chairman
F.C. Tseng

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

R.O.C.

06/12/2012

06/11/2015

05/13/1997

34,662,675

0.13%

34,472,675

0.13%

132,855

0.00%

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Bachelor Degree in Electrical Engineering, National Chengkung University

Master Degree in Electrical Engineering, National Chiao Tung University

Ph.D. in Electrical Engineering, National Chengkung University

Honorary Ph.D., National Chiao Tung University


Former President, Vanguard International Semiconductor Corp.

Former President, TSMC

Former Deputy CEO, TSMC


Chairman, TSMC Education and Culture Foundation

Director, National Culture and Arts Foundation, R.O.C.

Chairman of:

- TSMC China Company Ltd.

- Global Unichip Corp.

Vice Chairman, Vanguard International
Semiconductor Corp.

Director of:

- TSMC Solar Ltd.

- TSMC Solid State Lighting Ltd.

Independent Director, Chairman of Audit Committee
& Compensation Committee member, Acer Inc.

Director
National Development Fund, Executive Yuan (Note 1)

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

06/12/2012

06/11/2015

12/10/1986

1,653,709,980

6.38%

1,653,709,980

6.38%

-

-

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies
   

  Representative: Johnsee Lee

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

R.O.C.

06/12/2012

06/11/2015

08/06/2010
(Note 2)

1,653,709,980

6.38%

1,653,709,980

6.38%

-

-

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Ph.D. in Chemical Engineering, Illinois Institute of Technology

MBA, University of Chicago

Graduate of Harvard Business School’s Advanced Management Program


Former Principal Investigator, Argonne National Laboratory

Former Senior Manager, Johnson Matthey Inc.

Former President, Industrial Technology Research Institute

Former Chairman, Development Center for Biotechnology


Managing Director, Development Center for Biotechnology

Honorary Chairman, Taiwan Bio Industry Organization

CEO, Personal Genomics, Inc.

Independent Director of:

- Far Eastern New Century Corp.

- Zhen Ding Technology Holding Ltd.

Independent Director
Sir Peter Leahy Bonfield

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

UK

06/12/2012

06/11/2015

05/07/2002

-

-

-

-

-

-

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Bachelor Degree in Engineering, Loughborough University

Honours Degree in Engineering, Loughborough University


Former CEO and Chairman of the Executive Committee, British Telecommunications Plc

Former Chairman and CEO, ICL Plc

Former Vice President, the British Quality Foundation


Fellow of the Royal Academy of Engineering

Chair of Council and Senior Pro-Chancellor, Loughborough University, UK

Chairman, NXP Semiconductors N.V., the Netherlands

Director of:

- L.M. Ericsson, Sweden

- Mentor Graphics Corporation Inc., Oregon, U.S.A.

- Global Logic Inc., U.S.A.

Member of:

- The Longreach Group Advisory Board

- New Venture Partners LLP Advisory Board

Board Mentor, CMi

Senior Advisor to Rothschild, Londo

Independent Director
Stan Shih

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

R.O.C.

06/12/2012

06/11/2015

04/14/2000

1,480,286

0.01%

1,480,286

0.01%

16,116

0.00%

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

BSEE, National Chiao Tung University

MSEE, National Chiao Tung University

Honorary EE Ph.D., National Chiao Tung University

Honorary Doctor of Technology, The Hong Kong Polytechnic University

Honorary Fellowship, University of Wales, Cardiff, UK

Honorary Doctor of International Law, Thunderbird, American Graduate School of International Management, U.S.A.


Co-Founder, Chairman Emeritus, Acer Group

Former Chairman & CEO, Acer Group


Chairman, National Culture and Arts Foundation, R.O.C.

Director, Public Television Service Foundation, R.O.C.

Council member of Asian Corporate Governance Associate (ACGA)

Group Chairman, iD SoftCapital

Director & Honorary Chairman, Acer Inc.

Director of:

- Qisda Corp.

- Wistron Corp.

- Nan Shan Life Insurance Co., Ltd.

- Egis Technology Inc.

- Digitimes Inc.

Independent Director
Thomas J. Engibous

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

U.S.A.

06/12/2012

06/11/2015

06/10/2009

-

-

-

-

-

-

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Bachelor Degree in Electrical Engineering, Purdue University

Master Degree in Electrical Engineering, Purdue University

Honorary Doctorate in Engineering, Purdue University


Former Executive Vice President and President of the Semiconductor Group, Texas Instruments Inc.

Former President and CEO, Texas Instruments Inc.

Former Chairman of the Board, Texas Instruments Inc.

Former Chairman of the Board of Catalyst


Member of National Academy of Engineering

Member of Texas Business Hall of Fame

Woodrow Wilson Award

Honorary Director of Catalyst

Honorary Trustee, Southwestern Medical Foundation

Chairman, J. C. Penney Company Inc.

Independent Director
Gregory C. Chow

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

U.S.A.

06/12/2012

06/11/2015

06/09/2011

-

-

-

-

-

-

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Bachelor Degree in Economics, Cornell University, 1951

Master Degree in Economics, The University of Chicago, 1952

Ph.D. in Economics, The University of Chicago, 1955

Academician, Academia Sinica, R.O.C.

Member, American Philosophical Society

Fellow of the American Statistical Association

Fellow of the Econometric Society

Former President, Society of Economic Dynamics and Control

Honorary Doctor’s, Sun Yat-Sen University

L.L.D., Lingnan University

Hon. Dr. of Business Adm, The University of Hong Kong of Science and Technology

Honorary Professor of Fudan, Guangxi, Hainan, Nankai, Shandong, Remin, Huazhong University of Science and Technology, Graduate University of Management of Chinese Academy of Sciences, Sun Yat-Sen Universities and City University of Hong Kong


Assistant Professor, MIT., 1955-1959

Associate Professor, Cornell University, 1959-1962

Research Staff Member and Manager of Economics Research, IBM Thomas Watson Research Center, 1962-1970

Adjunct Professor, Columbia University, 1964-1970

Professor and Director, Econometric Research Program, Princeton University, 1970-2001 (In 2001 Princeton University renamed the Program the Gregory C. Chow Econometric Research Program in his honor.)

Class of 1913 Professor of Political Economy, Princeton University, 1976-2001

Chairman of the American Economic Association’s Committee on Exchanges in Economics with the People’s Republic of China, 1981-1994

Co-chairman of the U.S. Committee on Economics Education and Research in China, 1985-1994

Advisor to Prime Ministers and Chairmen of the Economic Planning and Development Council of the Executive Yuan in Taiwan on economic policy from the mid 1960’s to the early 1980’s

Advisor to the Prime Minister and the State Commission for Restructuring the Economic System on economic reform in China, 1985-1989

Professor of Economics and Class of 1913 Professor of Political Economy, Emeritus, Princeton University, 2001-Present

None

Independent Director
Kok-Choo Chen

Nationality
or Place of
Registration

Date

Elected

Term

Expires

Date First

Elected

Shareholding

When Elected

Current Shareholding

Spouse &
Minor Shareholding

Shares

%

Shares

%

Shares

%

R.O.C.

06/12/2012

06/11/2015

06/09/2011

-

-

-

-

5,120

0.00%

Selected Education, Past Positions & Current Positions at Non-profit Organizations Selected Current Positions at TSMC and Other Companies

Inns of Court School of Law, England

Barrister-at-law, England

Advocate & Solicitor, Singapore

Attorney-at-law, California, U.S.A.


Former Senior Vice-President & General Counsel, TSMC

Former President, National Culture & Arts Foundation, R.O.C.

Former Vice-President, Echo Publishing, Taiwan

Partner, Chen & Associates Law Offices, Taiwan

Partner, Ding & Ding Law Offices, Taiwan

Lawyer, Heller, Erhman, White & McAuliffe, San Francisco, California, U.S.A.

Lawyer, Sullivan & Cromwell, New York, U.S.A.

Lawyer, Tan, Rajah & Cheah, Singapore

Professor, Soochow University

Professor, National Chengchi University

Chair Professor, National Tsing Hua University

Associate Professor, Soochow University

Lecturer, Nanyang University, Singapore


Chairman, National Performing Arts Center

Advisor, Executive Yuan, R.O.C.

Sponsor and Founder, Taipei Story House

Director, National Culture and Arts Foundation, R.O.C.

Director, Republic of China Female Cancer Foundation

None

Remarks:
  1. No member of the Board of Directors held TSMC shares by nominee arrangement.
  2. No member of the Board of Directors had a spouse or relative within two degrees of consanguinity serving as a manager or director at TSMC.

Note 1: Major Shareholder of TSMC’s Director that is an Institutional Shareholder.
Director that is an Institutional Shareholder of TSMC Top 10 Shareholders
National Development Fund, Executive Yuan Not Applicable
Major institutional shareholders of National Development Fund: Not applicable.
Note 2: Mr. Johnsee Lee was appointed as the representative of National Development Fund on August 6, 2010.

Remuneration Paid to Directors (Note 1)

Unit: NT$ thousands

Note 1: Remuneration policies, standards/packages, procedures, the linkage to operating performance and future risk exposure: The base compensation for the Chairman, Vice-Chairman and directors are determined in accordance with the procedures set forth in TSMC’s Articles of Incorporation. The Articles of Incorporation also provides that the compensation to directors shall be no more than 0.3% of earnings available for distribution and directors who also serve as executive officers of TSMC are not entitled to receive compensation to directors. The distribution of compensation to directors shall be made in accordance with TSMC’s “Rules for Distribution of Compensation to Directors”.
Note 2: Dr. Rick Tsai resigned as a director of TSMC effective January 27, 2014 and thereafter as directors and executives of TSMC’s subsidiaries.
Note 3: Pensions funded/paid according to applicable law.
Note 4: TSMC Board adopted a proposal that includes 2014 compensation to TSMC’s directors in the amount of NT$ 406,854 thousand at its meeting on February 10, 2015. The amount is preliminary.
Note 5: The above-mentioned figures include expenses for Company cars and gasoline reimbursement, but do not include compensation paid to Company drivers (totaled NT$ 4,441 thousand).
Note 6: Represents the number of cumulative employee stock options exercisable as of the date of this Annual Report.
Note 7: TSMC did not issue employee restricted stock in 2014, and as of the date of this Annual Report.
Note 8: Total remuneration and compensation paid to TSMC’s directors in 2013 was NT$339,617 thousand, accounting for 0.18% of 2013 net income.

Remuneration Paid to Directors


 

2014

Total Remuneration
(A+B+C+D)

Total Compensation
(A+B+C+D+E+F+G+J)

From TSMC

From All
Consolidated Entities

From TSMC

From All
Consolidated Entities
and Non-consolidated Affiliates
NT$0 ~ NT$2,000,000 None Rick Tsai None
NT$2,000,000 ~ NT$4,999,999 None None
NT$5,000,000 ~ NT$9,999,999 National Development Fund, Executive Yuan National Development Fund, Executive Yuan
NT$10,000,000 ~ NT$14,999,999 Sir Peter Leahy Bonfield, Stan Shih,
Thomas J. Engibous, Gregory C. Chow,
Kok-Choo Chen
Sir Peter Leahy Bonfield, Stan Shih,
Thomas J. Engibous, Gregory C. Chow,
Kok-Choo Chen
NT$15,000,000 ~ NT$29,999,999 F.C. Tseng F.C. Tseng
NT$30,000,000 ~ NT$49,999,999 None None Rick Tsai
NT$50,000,000 ~ NT$99,999,999 None None
Over NT$100,000,000 Morris Chang Morris Chang
Total 9 9