ACM Research Welcomes Charlie Pappis to Board of Directors

ACM Research, Inc. (NASDAQ: ACMR), a prominent player in the semiconductor and advanced packaging sectors, announced today the appointment of Charlie Pappis to its Board of Directors, effective March 15, 2025. This strategic addition brings the total number of board members to five, enhancing ACM's governance structure as the company pursues its ambitious long-term growth trajectory.

Dr. David Wang, President and Chief Executive Officer of ACM, expressed enthusiasm about Mr. Pappis's appointment, stating, “We are thrilled to welcome Mr. Pappis to our Board of Directors. His deep industry knowledge, proven leadership in scaling global operations, and commitment to customer-driven innovation align perfectly with ACM’s mission to become a key supplier of capital equipment to major global semiconductor companies.” Dr. Wang emphasized that Mr. Pappis’s insights would be crucial as ACM ramps up investments and expands its presence in the U.S. market, aiming to venture into new markets beyond mainland China.

Charlie Pappis brings over 40 years of extensive leadership experience in the semiconductor industry. Currently serving as President of Pappis Consulting, he provides strategic advice to semiconductor equipment and supply chain companies. His previous tenure of more than three decades at a leading U.S.-based semiconductor equipment firm saw him occupying various executive-level roles, underscoring his depth of knowledge and operational expertise.

Mr. Pappis holds a Bachelor of Science in Materials Science from Worcester Polytechnic Institute and an Executive MBA from Stanford University. His academic background and rich professional history position him as a valuable asset to ACM's Board, particularly as the company seeks to navigate the challenges and opportunities in the rapidly evolving semiconductor market.

ACM Research, Inc. specializes in the development, manufacturing, and sale of advanced semiconductor process equipment. This encompasses a wide range of critical processes, including cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools. The company is dedicated to delivering tailored, high-performance, and cost-effective solutions that enhance productivity and yield for semiconductor manufacturers.

As ACM Research continues to leverage its innovative technologies and expand its market reach, the appointment of Charlie Pappis to the Board of Directors is expected to play a pivotal role in driving the company’s strategic vision forward.

The addition of Charlie Pappis to ACM Research's Board of Directors marks a significant milestone in the company’s ongoing efforts to solidify its leadership position within the semiconductor industry. With a focus on expanding operations and investments in the U.S. and beyond, ACM is poised to capitalize on emerging opportunities and further establish itself as a key player in the global semiconductor supply chain.