GigaMedia appoints new CFO, board members

Taiwanese broadband internet access and content company GigaMedia, has lost its CFO and vice president of operations with the resignation of Yichun Chang and Chris Tung respectively.

The company has named Winston Hsia as CFO, replacing Yichun Chang, but chief executive officer Raymond Chang will take on Chris Tung's operational responsibilities, pending his replacement.

Hsia has extensive expertise in finance, and is a former CFO and founder of an internet capital formation business, 01 Inc., in Korea. Prior to that, Hsia worked for seven years in the fixed income industry, including terms at Peregrine Investment Holdings and Lehman Brothers in Hong Kong. At Lehman Brothers, Hsia was responsible for fixed income sales to Taiwanese financial institutions and regional central banks.  

GigaMedia has also made two new appointments to its board - Nelson Chang and Paul...

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