Super Micro Computer has hired Mark Long as chief financial officer after months of delays, as the company faces scrutiny over export controls, internal controls and a smuggling case linked to a co-founder.
01Summary
- 01Mark Long, 59, became Supermicro’s CFO on Wednesday, effective immediately.
- 02Long previously served as CFO and chief strategy officer at Western Digital and runs Prime Impact Capital.
- 03Supermicro co-founder Yih-Shyan “Wally” Liaw was indicted and arrested in March in a case alleging $2.5 billion of hardware was smuggled to China.
- 04Supermicro said an August internal investigation found no evidence that current senior management knew about the alleged smuggling scheme.
- 05Long’s pay package includes a $725,000 base salary, a $500,000 signing bonus, a guaranteed annual cash bonus of $500,000 and an initial equity grant valued at about $4.1 million.
02Why it matters
The new finance chief arrives while Supermicro is under intense regulatory and legal pressure, which could affect confidence in its controls and governance. Investors will watch whether the appointment helps steady a company closely tied to Nvidia and other major tech players.
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