Corporate Governance
Corporate Governance
Audit Committee
CLC’s Audit Committee supervises the fair presentation of CLC’s financial statements; the appointment (dismissal), independence, and performance of certified public accountants; the effective implementation of CLC’s internal control; the adequacy of internal compliance, procedures, and programs; and control over existing or latent risks.
The Audit Committee holds at least one committee meeting each quarter. In 2022, the Audit Committee held a total of eight meetings, with 100% member attendances. Please refer to the CLC Annual Report for more information regarding the committee meetings and member attendance.
| Title | Name | Gender | Education and Experience | Position at CLC | Date Elected |
| Convener | Yung-Chi Wang | M | KaiNan Vocational High School Managers' post graduate study, Tunghai University President, Long Chen Paper Co., Ltd. Managing Director, Hwa Fong Paper Product Co., Ltd. Director, Shiu Lung Paper Product Co., Ltd. |
Independent Director | 2022.6.10 |
| Member | Fu-Hsing Chang | M | Ph.D. in Accounting, National Chengchi University Associate Professor, Chihlee University of Technology Independent Director, YuFo Electronics Co., Ltd. Independent Director, SynCore Biotechnology Co., Ltd. Associate Professor, National Yunlin University of Science and Technology |
Independent Director | 2022.6.10 |
| Member | Feng-Chih Huang | M | Masters in Business Administration, State University of New York Chairperson, AZI Consulting Company Ltd. Independent Director, T-Conn Precision Corporation Executive Vice President, Office of CEO.IB of CTBC Bank Co., Ltd. Senior Manager Corporate Banking, HSBC Bank (China) Company Limited |
Independent Director | 2022.6.10 |
Compensation Committee
CLC’s Compensation Committee establishes, reviews, and assesses the policy, system, standard, and structure regarding the performance evaluation of and compensation for directors and managers and reviews their compensation; and makes recommendations to the board of directors for discussions. The Compensation Committee holds at least two committee meetings each year. In response to the board's re-election, the board appointed three independent directors to be members of the 5th Compensation Committee on June 24, 2022, with Mr. Yung-Chi Wang as the chair. In 2022, the Compensation Committee held three committee meetings, with 100% member attendances. Please refer to the CLC Annual Report for more information regarding the committee meetings and member attendance.
| Title | Name | Gender | Education and Experience | Position at CLC | Date Elected |
| Convener | Yung-Chi Wang | M | KaiNan Vocational High School Managers' post graduate study, Tunghai University President, Long Chen Paper Co., Ltd. |
Independent Director | 2022.6.24 |
| Member | Fu-Hsing Chang | M | Ph.D. in Accounting, National Chengchi University Associate Professor, Chihlee University of Technology Independent Director, YuFo Electronics Co., Ltd. Independent Director, SynCore Biotechnology Co., Ltd. Associate Professor, National Yunlin University of Science and Technology |
Independent Director | 2022.6.24 |
| Member | Feng-Chih Huang | M | Masters in Business Administration, State University of New York Chairperson, AZI Consulting Company Ltd. Independent Director, T-Conn Precision Corporation Executive Vice President, Office of CEO.IB of CTBC Bank Co., Ltd. Senior Manager Corporate Banking, HSBC Bank (China) Company Limited |
Independent Director | 2022.6.24 |