Chunghwa Telecom Appoints Mr. Chi-Mau Sheih as New Chairman and CEO

Chunghwa Telecom Appoints Mr. Chi-Mau Sheih as New Chairman and CEO

TAIPEI, Taiwan, April 22, 2019 -- Chunghwa Telecom Co., Ltd., Taiwan’s largest integrated telecommunications service provider, today announced that the Board of Directors has appointed its President Mr. Chi-Mau Sheih as the new Chairman and CEO, succeeding Mr. Yu Cheng, effective April 22, 2019. Mr. Sheih will remain President until a successor has been identified.

Mr. Sheih, Chunghwa Telecom’s new Chairman, joined the Company more than 40 years ago. During his career with the Company, Mr. Sheih served in multiple senior executive positions in technology and business. While at the Company, he has served in the positions of President, Senior Executive Vice President of Business and Senior Executive President of Administration, President of Chunghwa Telecom’s Southern Taiwan Business Group, President and Vice President of Chunghwa Telecom’s Central Taiwan Business Group, Vice President of Network Department and as President of the Yunlin Branch of Southern Taiwan Business Group. Mr. Sheih holds a Master’s degree in Business from National Taiwan University.

While serving as the Senior Executive Vice President, Mr. Sheih established the Big Data Office in Chunghwa Telecom’s headquarters, allowing the Company to process and make use of telecom big data to strengthen its analytical capabilities as well as execute new customer development and precision construction of network. Mr. Sheih also managed to enhance the Company’s information security capabilities, and supervise and guide the rollout of its 4G service. Under the management of Mr. Sheih, Chunghwa Telecom became the first telecom operator in Taiwan to provide 4G LTE high-speed Internet service. Also under his management, the Company held the “2016 Smart City Exhibition” in addition to other related 4G innovation cases, which led to a new era of smart cities and smart life, and promoted domestic industrial development. During his time as President of the Company, Mr. Sheih utilized his comprehensive knowledge of system integration, big data, cloud computing and other fields to further promote the Company’s innovation in artificial intelligence (AI) based on its existing advantages. Mr. Sheih organized and supervised a task force of AI in the Company to development its AI speech recognition system, and accelerated the development of all AI-related application services. He also built strong connections with the government and telecom industry, and actively participated in the construction of the Taiwan AI industry ecosystem in response to the government’s “Taiwan AI Action Plan”.

Mr. Sheih commented: “I am honored to accept the new position as Chairman & CEO and have full confidence in the management team of Chunghwa Telecom. Our management team are in full agreement regarding the direction and strategy of our future development through comprehensive discussion. Therefore, I will continue to execute the existing transformation plan to ensure our sustainability, and promote the Company's business development as well. By doing so, we will lay a solid foundation for our long-term growth and generate higher returns for our shareholders and the Company.”


About Chunghwa Telecom

Chunghwa Telecom (TAIEX 2412, NYSE: CHT) is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services. The Company also provides information and communication technology services to corporate customers with its big data, information security, cloud computing and IDC capabilities, and is expanding its business into innovative technology services such as IoT, AI, etc. In recent years, Chunghwa has been actively involved in corporate social responsibility and has won domestic and international awards and recognition.