Deswell Industries appoints Wai Ming Lau as Chairman of the Board of Directors

– CHINA, Macao –  Deswell Industries, Inc. (Nasdaq: DSWL) today announced the election of Ms. Lau Wai Ming as Chair of the Board of Directors, effective February 19, 2024.

Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024.

About Wai Ming Lau

Before joining the Company, Ms. Lau was an Executive Director at PAG Consulting where she headed the firm’s Global Human Capital operations. Before PAG Consulting, Ms. Lau worked at Goldman Sachs for over 13 years, including serving as an Executive Director in Goldman Sachs’ Finance Division. Earlier in her career, Ms. Lau worked at Deloitte Touche Tohmatsu in its Assurance and Tax Advisory Services division for seven years, including as a Manager.

Ms. Lau was accredited by The American Institute of Certified Public Accountants in 2003 and received her bachelor’s degree in accountancy from The George Washington University in 2001.

About Deswell

Deswell manufactures injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers at its factories in the People’s Republic of China. The Company produces a wide variety of plastic parts and components used in the manufacture of consumer and industrial products; printed circuit board assemblies using surface mount and finished products such as telephones, telephone answering machines, sophisticated studio-quality audio equipment, and computer peripherals.

For more information: https://www.deswell.com/

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