SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) (&#34;Kulicke &amp; Soffa&#34;, &#34;K&amp;S&#34;, &#34;we&#34; or the &#34;Company&#34;) today announced that it has named Dr.

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">SINGAPORE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 17, 2026</span> /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/KLIC">KLIC</a>) (&#34;Kulicke &amp; Soffa&#34;, &#34;K&amp;S&#34;, &#34;we&#34; or the &#34;Company&#34;) today announced that it has named Dr. Raj Talluri as President and Chief Executive Officer (&#34;CEO&#34;) effective September 1, 2026. He was also elected to the Board of Directors of K&amp;S, effective August 17, 2026.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Lester A. Wong, the Company&#39;s interim CEO and current Executive Vice President and Chief Financial Officer, will continue to serve as the Company&#39;s Executive Vice President and Chief Financial Officer.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are immensely grateful to Lester for providing great leadership during our transition, ensuring our team maintained its strong momentum. As we look to the future, we are thrilled to welcome Raj as our new CEO. His proven track record and visionary approach make him the ideal leader to guide our company into its next phase of growth&#34;, said Peter T. Kong, Chairman of the Board of Directors of the Company.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I am grateful to have had the opportunity to lead this world-class organization. I want to provide my sincere gratitude to the entire K&amp;S organization for their support and dedication. I also want to extend my warmest welcome to Raj and will work to ensure a seamless transition, continued growth and ongoing success for the Company&#34;, said Lester A. Wong, Executive Vice President and Chief Financial Officer of the Company.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I am honored to join K&amp;S at such an exciting time in the Company&#39;s history. K&amp;S has built a unique portfolio of highly capable interconnect solutions and technical competencies which offer a higher level of value for our industry. I look forward to working with our diverse and talented global workforce to further extend this position and deliver on the growing set of opportunities ahead&#34;, said Dr. Talluri.</p><p xmlns="http://www.w3.org/1999/xhtml">Dr. Talluri joins K&amp;S from Enovix Corporation, a Nasdaq-listed advanced battery technology company, where he most recently served as President, Chief Executive Officer and a member of the Board of Directors. Prior to Enovix, from March 2018 through December 2022, Dr. Talluri served as Senior Vice President, General Manager, Mobile Business Unit at Micron Technology. Prior to that, Dr. Talluri served in various senior executive roles at Qualcomm CDMA Technologies and a variety of engineering and business leadership roles at Texas Instruments Incorporated.</p><p xmlns="http://www.w3.org/1999/xhtml">Dr. Talluri received a Ph.D. in Electrical Engineering from University of Texas at Austin in 1993, an M.Eng from Anna University in 1986, and a B.S. in Engineering from Andhra University in 1984.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">About Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></u></b>Kulicke &amp; Soffa is a global leader in semiconductor assembly technology, advancing device performance across automotive, compute, industrial, memory and communications markets. Founded on innovation in 1951, K&amp;S is uniquely positioned to overcome increasingly dynamic process challenges – creating and delivering long-term value by aligning technology with opportunity.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Contacts:</b></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Marilyn Sim<br xmlns="http://www.w3.org/1999/xhtml"></br>Public Relations<br xmlns="http://www.w3.org/1999/xhtml"></br>+65-6880 9309<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:msim@kns.com" target="_blank" rel="nofollow">msim@kns.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Joseph Elgindy<br xmlns="http://www.w3.org/1999/xhtml"></br>Finance<br xmlns="http://www.w3.org/1999/xhtml"></br>+1-215-784-7500<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:investor@kns.com" target="_blank" rel="nofollow">investor@kns.com</a></p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=PH27517&amp;sd=2026-08-17"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/kulicke-and-soffa-industries-inc-appoints-dr-raj-talluri-as-president-and-ceo-302852879.html" target="_blank">https://www.prnewswire.com/news-releases/kulicke-and-soffa-industries-inc-appoints-dr-raj-talluri-as-president-and-ceo-302852879.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Kulicke &amp; Soffa Industries, Inc.</p>

KLIC

Kulicke and Soffa Industries, Inc. Appoints Dr. Raj Talluri as President and CEO

Kulicke & Soffa appoints Raj Talluri as CEO to lead next growth phase

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) (&amp;#34;Kulicke &amp;amp; Soffa&amp;#34;, &amp;#34;K&amp;amp;S&amp;#34;, &amp;#34;we&amp;#34; or the &amp;#34;Company&amp;#34;) today announced that it has named Dr.</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Kulicke &amp; Soffa named Raj Talluri as President and CEO, effective Sept. 1, 2026, with board membership effective Aug. 17. Interim CFO Lester Wong continues as CFO. Talluri’s background at Enovix, Micron, Qualcomm, and TI suggests a focus on strengthening execution across K&amp;S’s interconnect solutions portfolio.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Kulicke and Soffa names Raj Talluri CEO; appointment effective Sept 1, 2026.</li><li>Talluri elected to K&amp;S board, effective Aug 17, 2026.</li><li>Interim CEO Lester Wong remains CFO; transition to next growth phase.</li><li>K&amp;S emphasizes its interconnect solutions leadership and Talluri&#039;s tech background.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Enovix Corporation (ENVX)</strong>: Talluri previously served as CEO, providing context on leadership style.</li><li><strong>Micron Technology (MU)</strong>: Talluri served as Senior VP, General Manager, Mobile Business Unit.</li><li><strong>Qualcomm (QCOM)</strong>: Talluri held senior executive roles earlier in his career.</li><li><strong>Texas Instruments (TXN)</strong>: Earlier engineering and leadership roles in Talluri’s background.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Leadership changes at a key supplier in semiconductors can influence execution risk, customer relationships, and valuation, especially when the new CEO has broad tech leadership credentials.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CEO appointment could re-rate investor sentiment and strategic prospects.</li><li>Board-level appointment Aug 17 signals governance stability.</li><li>Sept 1 transition date may create near-term volatility around the announcement.</li><li>Wong remains CFO, supporting continuity in financial strategy.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Raj Talluri named President and CEO; appointment effective Sept 1, 2026.</li><li>Talluri elected to K&amp;S board; effective Aug 17, 2026.</li><li>Interim CEO Lester A. Wong continues as Executive VP and CFO.</li><li>Talluri previously CEO of Enovix; prior roles at Micron, Qualcomm, TI.</li><li>Kulicke &amp; Soffa is NASDAQ: KLIC; global leader in semiconductor assembly.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over 3–6 months on improved execution and strategy under new CEO.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">SINGAPORE</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 17, 2026</span> /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/KLIC">KLIC</a>) (&#34;Kulicke &amp; Soffa&#34;, &#34;K&amp;S&#34;, &#34;we&#34; or the &#34;Company&#34;) today announced that it has named Dr. Raj Talluri as President and Chief Executive Officer (&#34;CEO&#34;) effective September 1, 2026. He was also elected to the Board of Directors of K&amp;S, effective August 17, 2026.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Lester A. Wong, the Company&#39;s interim CEO and current Executive Vice President and Chief Financial Officer, will continue to serve as the Company&#39;s Executive Vice President and Chief Financial Officer.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are immensely grateful to Lester for providing great leadership during our transition, ensuring our team maintained its strong momentum. As we look to the future, we are thrilled to welcome Raj as our new CEO. His proven track record and visionary approach make him the ideal leader to guide our company into its next phase of growth&#34;, said Peter T. Kong, Chairman of the Board of Directors of the Company.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I am grateful to have had the opportunity to lead this world-class organization. I want to provide my sincere gratitude to the entire K&amp;S organization for their support and dedication. I also want to extend my warmest welcome to Raj and will work to ensure a seamless transition, continued growth and ongoing success for the Company&#34;, said Lester A. Wong, Executive Vice President and Chief Financial Officer of the Company.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;I am honored to join K&amp;S at such an exciting time in the Company&#39;s history. K&amp;S has built a unique portfolio of highly capable interconnect solutions and technical competencies which offer a higher level of value for our industry. I look forward to working with our diverse and talented global workforce to further extend this position and deliver on the growing set of opportunities ahead&#34;, said Dr. Talluri.</p><p xmlns="http://www.w3.org/1999/xhtml">Dr. Talluri joins K&amp;S from Enovix Corporation, a Nasdaq-listed advanced battery technology company, where he most recently served as President, Chief Executive Officer and a member of the Board of Directors. Prior to Enovix, from March 2018 through December 2022, Dr. Talluri served as Senior Vice President, General Manager, Mobile Business Unit at Micron Technology. Prior to that, Dr. Talluri served in various senior executive roles at Qualcomm CDMA Technologies and a variety of engineering and business leadership roles at Texas Instruments Incorporated.</p><p xmlns="http://www.w3.org/1999/xhtml">Dr. Talluri received a Ph.D. in Electrical Engineering from University of Texas at Austin in 1993, an M.Eng from Anna University in 1986, and a B.S. in Engineering from Andhra University in 1984.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">About Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></u></b>Kulicke &amp; Soffa is a global leader in semiconductor assembly technology, advancing device performance across automotive, compute, industrial, memory and communications markets. Founded on innovation in 1951, K&amp;S is uniquely positioned to overcome increasingly dynamic process challenges – creating and delivering long-term value by aligning technology with opportunity.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Contacts:</b></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Marilyn Sim<br xmlns="http://www.w3.org/1999/xhtml"></br>Public Relations<br xmlns="http://www.w3.org/1999/xhtml"></br>+65-6880 9309<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:msim@kns.com" target="_blank" rel="nofollow">msim@kns.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Kulicke &amp; Soffa<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Joseph Elgindy<br xmlns="http://www.w3.org/1999/xhtml"></br>Finance<br xmlns="http://www.w3.org/1999/xhtml"></br>+1-215-784-7500<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:investor@kns.com" target="_blank" rel="nofollow">investor@kns.com</a></p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=PH27517&amp;sd=2026-08-17"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/kulicke-and-soffa-industries-inc-appoints-dr-raj-talluri-as-president-and-ceo-302852879.html" target="_blank">https://www.prnewswire.com/news-releases/kulicke-and-soffa-industries-inc-appoints-dr-raj-talluri-as-president-and-ceo-302852879.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Kulicke &amp; Soffa Industries, Inc.</p>

Kulicke & Soffa named Raj Talluri as President and CEO, effective Sept. 1, 2026, with board membership effective Aug. 17. Interim CFO Lester Wong continues as CFO. Talluri’s background at Enovix, Micron, Qualcomm, and TI suggests a focus on strengthening execution across K&S’s interconnect solutions portfolio.

News insight

Kulicke and Soffa Industries, Inc. Appoints Dr. Raj Talluri as President and CEO

AI summary

Sentiment rationale

Key facts

Corporate Developments