Tim Ti has served as our Chief Executive Officer since January 2016, and as a
director of the Board since November 2016. Mr. Ti brings more than twenty years
of business and management expertise to the Company. Mr. Ti previously served
as the CEO of Virtual Gateway Labs, Inc., a subsidiary of UTStarcom. Prior to
that, Mr. Ti served various roles at UTStarcom, including Senior Vice-President
of Advanced Network Architecture Technologies, Senior Vice-President of Research
& Development, and General Manager of the Broadband Business Unit. Before
joining UTStarcom, Mr. Ti was the Director of Application & Marketing of Advanced
Communication Devices Corporation, which was acquired by UTStarcom in 2001. He
received a Master of Science degree in Computer Engineering from Santa Clara University
in 1993.
Dr. Zhaochen Huang has served as our Chief Operating Officer since January
2016. Dr. Huang brings more than twenty-five years of business and management
expertise to the Company. He previously served as the Vice-President, Global
Operations, at UTStarcom and General Manager of UTStarcom India. Prior to that,
Dr. Huang served various positions at Soliton Systems, K.K. including General
Manager of Soliton Systems USA and VP of Research and Development of Soliton
Systems Shanghai. Prior to that, Dr. Huang served at SECOM Co., LTD. and Nanjing
Institute of Solid Device. He received a Doctor of Engineer’s degree in
Electrical and Electronics from Tokyo Institute of Technology.
Eric Lam is Vice President of Finance responsible for overseeing UTStarcom’s
global finance and accounting function since October, 2016. During his previous
tenure with UTStarcom, he has held various senior financial management positions
supporting sales and global supply chain operations. Prior to rejoining UTStarcom,
Eric served as a special advisor to Shanghai Phicomm Communications. His professional
career includes senior financial and operational management positions with The
Gillette Company, Hewlett Packet Corporation, China Light and Power and other
multinationals, as well as, start-up companies. Eric has multi-faceted global
and international experience spanning the high technology, semi-conductor, energy,
consumer products and defense industries. Eric was educated in the United States,
earning a bachelor’s degree from Tufts University and a master’s
in business administration degree from Columbia Business School.
Steven Chen has more than twenty years of experience in the telecom industry.
Mr. Chen currently serves as Senior Vice President of Product & Technology
and has led the function since May, 2016. Previously he served various management
roles in product management, marketing and R&D. Before joining UTStarcom
in 2003, Mr. Chen served as leader of product marketing and technical at Hangzhou
ECI Telecommunication Co. Ltd. He received an MBA degree from Zhejiang University
in 2009 and a Bachelor of System Engineering from Xiamen University in 1995.
Himanshu H. Shah has served as our chairman of the board since June 2014 and
director of the board since November 2013. Mr. Shah is the founder and president
of Shah Capital and a managing general partner of Shah Capital Opportunity Fund
LP. Mr. Shah has over 26 years of experience in global capital markets. He also
serves as chairman of Marius Pharmaceuticals Inc. He received his master of
business administration degree from the University of Akron and bachelor of
commerce degree from Gujarat University in India.
Wendong Zhang has served as the director since November, 2017. Ms. Zhang received
an MBA degree from the Graduate University of Chinese Academy of Sciences. She
earned a Bachelor degree in Economics at Minzu University of China. Ms. Zhang
is experienced in the areas of investment and financial management, strategic
management and organization restructuring. Since 2015, she has been the assistant
to the general manager of Beijing E-town International Investment & Development
Co., Ltd., as well as to the leaders of its subsidiaries. Before that, she had
various management roles at Beijing E-town, Orient Cultural Asset Management
Co., Ltd. and Sheng Andi Investment Management Consulting Co., Ltd.
Hong Liang Lu has served as our director since June 1991. Mr. Lu served as
Chairman of the Board from March 2003 to December 2006 and from July 2008 to
August 2009. From June 1991 until July 2008, Mr. Lu served as our Chief Executive
Officer and from June 1991 until July 2007 he also served as our President.
In June 1991, Mr. Lu cofounded UTStarcom, Inc. under its prior name, Unitech
Telecom, Inc., which subsequently acquired StarCom Network Systems, Inc. in
September 1995. From 1986 through December 1990, Mr. Lu served as President
and Chief Executive Officer of Kyocera Unison, a majority-owned subsidiary of
Kyocera International, Inc. Mr. Lu served as President and Chief Executive Officer
of Unison World, Inc., a software development company from 1983 until its merger
with Kyocera in 1986. From 1979 to 1983, Mr. Lu served as Vice President and
Chief Operating Officer of Unison World, Inc. Mr. Lu holds a B.S. in Civil Engineering
from the University of California at Berkeley.
Sean Shao currently serves as (i) independent director and chairman of the
audit committee of: 21Vianet Group, Inc., a carrier-neutral internet data center
services provider listed on NASDAQ since August 2015; Jumei International Holding
Ltd., an e-commerce company listed on NYSE since May 2014; LightInTheBox Holdings
Co. Ltd., an e-commerce company listed on NYSE since June 2013 and UTStarcom
Holdings Corp., a provider of broadband equipment and solutions listed on NASDAQ
since October 2012, and (ii) independent director and chairman of the audit
and compensation committees of China Biologic Products, Inc., a biopharmaceutical
company listed on NASDAQ since July 2008. He served as the chief financial officer
and a Board member of Trina Solar Limited from 2006 to 2008 and from 2015 to
2017, respectively. In addition, Mr. Shao served from 2004 to 2006 as the chief
financial officer of ChinaEdu Corporation, an educational service provider,
and of Watchdata Technologies Ltd., a Chinese security software company. Prior
to that, Mr. Shao worked at Deloitte Touche Tohmatsu CPA Ltd. for approximately
a decade. Mr. Shao received his master’s degree in health care administration
from the University of California at Los Angeles in 1988 and his bachelor’s
degree in art from East China Normal University in 1982. Mr. Shao is a member
of the American Institute of Certified Public Accountants.
Utstarcom Holdings Corp currently has 481 employees.
