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2020/06
Taiwan Time to Pass On a Legacy and Elect New Successors to Ensure Our Everlasting Growth: Tea Party Ends in Success
Established over 40 years ago, CTCI has come a long way to become Taiwan’s No. 1 and one of the Top 100 engineering services providers worldwide. To ensure our everlasting growth through leadership transitions, the board of directors have made a decision during CTCI Corporation’s board meeting on May 28 to promote CTCI Corporation President Michael Yang to become CTCI Corporation Chairman, and CTCI Corporation Executive Vice President Todd Chen to become CTCI Corporation President. The former CTCI Corporation Chairman, John T. Yu, as the head of CTCI Group, will continue to serve as Group Chairman and lead the Group’s Executive Committee in setting the Group’s visions, long-term goals, brand image, and corporate culture, while also supervising and assessing the development and performance of our three business groups and the Group Shared Services (GSS) for its sustained growth.
At this critical moment of leadership transition, the company has organized a tea party on June 8, inviting over 100 participants, including senior managers of our Group in Taiwan, young potential talents, and the chairmen/presidents of our overseas subsidiaries (via video conferences) to join this historic event. At the tea party, a video featuring past leaders of CTCI had been played to allow everyone to review CTCI’s history together.
Welcomed by a big round of applause, Group Chairman John T. Yu addressed in his opening speech that leadership transition is always a manager’s responsibility. The two successors are professional managers nurtured by CTCI from the very beginning. They are passionate, talented, aggressive, and are always willing to take on a challenge despite the risks. With these attributes, they have earned trust and respect, and have been chosen as successors to shoulder much heavier responsibilities. Offering congratulations to the newly elected leaders and to CTCI for keeping with the tradition of entrusting professional managers in running our company, Chairman Yu also expects the new management team to “lead by example, have moral integrity, be smart and wise, while staying just, open, and fair in every action taken.” That way, the new management team may continue to deliver CTCI’s engineering expertise to where it is needed most, and let every colleague share the pride as the world gets to know Taiwan’s engineering strengths.
The newly elected Chairman Michael Yang expressed his deep appreciation to the support and recognition from the Group Chairman and the Board. He mentioned that over the past forty years, he has only been able to conquer numerous tough challenges with the guidance of predecessors and the joint efforts of all colleagues. Now that he has taken up the heavy responsibilities, he will hold fast to the spirit of innovation and courage to make breakthroughs, dedicating to opening new perspectives for CTCI together with all staff.
The new CTCI Corporation President Todd Chen stated in his inaugural address that “transition in leadership” shall not be confined to any particular posts; instead, every single colleague has responsibility to pass down his/her experiences to successors. Shouldering new responsibilities, President Chen will spare no effort to strengthen communications across project teams and supporting departments, furthering realization of teamwork, so that the precious expertise and experiences could be passed down, and that the corporate culture of “professionalism, integrity, teamwork, and innovation” would be incorporated into day-to-day works. President Chen expects to pass the legacy on for generations to come, and to contribute himself to achieve sustainable growth for CTCI based on all colleagues’ collective effort.
The inaugural addresses were followed by a 15-minute open discussion session, attended by Group Chairman Yu, CTCI Corporation Chairman Yang, and CTCI Corporation President Chen. During the session, representatives of the young potential talents took the chance to ask about the key to success, the inner journeys these top managers went through up until being chosen as successors, and methods to enhance personal capabilities. The discussions were enthusiastic and the top managers had given their feedbacks unselfishly. The tea party ended in a lively and friendly fashion. Once again, in line with its proud tradition, CTCI has completed leadership transition, something which every CTCI colleague takes pride for. The new management team will continue to lead CTCI towards realizing the vision of being “the most reliable global engineering services provider.”
Group Chairman John T. Yu made an opening speech.
CTCI Corporation Chairman Michael Yang delivered his inaugural address.
CTCI Corporation President Todd Chen delivered his inaugural address.
CTCI Group Chairman John T. Yu (center), CTCI Corporation Chairman Michael Yang (left), and CTCI Corporation President Todd Chen (right) talked about their success stories at the open discussion session.
The 14 representatives of young potential talents posed for a group photo with the Group Chairman as well as the newly elected CTCI Corporation Chairman and President after the event.
