GigaMedia Limited appoints Dirk Chen and Casey Tung

Wednesday,  November 30 ,2011 :  GIGAMEDIA STRENGTHENS BOARD
Financial and business insight to assist in turning around weak performance
GigaMedia Limited announced the appointments of Dirk Chen and Casey Tung to its board with immediate effect following weak Q3 result and an undertaking by its chief executive officer to turn the company's disappointing performance around with a company restructuring programme.
Both Chen and Tung have extensive experience in finance and business operations.
"Dirk and Casey are experienced business leaders with proven abilities in building strong, efficient operations – two great additions to our board," said Michael Ding, chairman of GigaMedia Limited.
"Their deep business insight will help provide critical guidance; we look forward to their assistance going forward as we continue to work to turn around the company's performance."