leadership
confidence high
sentiment neutral
materiality 0.60
Vivic Corp. appoints Chen-Hon Chuang as CEO/CFO/President; entire board and officers resign
VIVIC CORP.
- Tse-Ling Wang (CEO, President, Secretary), Andy F Wong (CFO), and directors Amy Huang and Richard Pao resigned Oct 17, 2025.
- Chen-Hon Chuang, age 75, formerly Senior Sales Consultant at Vivic's Hong Kong subsidiary, appointed to all four roles.
- Employment agreement: 100,000 RSUs earned monthly at 8,333 per month; initial term to Oct 16, 2026, then at-will.
- Severance on qualifying termination (without cause or good reason) includes vesting of remaining RSUs; no severance for cause or voluntary resignation.
- 12-month non-competition and non-solicitation covenants post-termination.