Lay Koon Tan

Lay Koon Tan is the current Director at Flex, and they have held this position since August 2004. Prior to their current role, Tan was the President & CEO of STATS ChipPAC Ltd. from January 1988 to January 1991. While at STATS ChipPAC, Tan successfully led the sale of the company to JCET, the largest OSAT in China. In addition, Tan successfully led the acquisition and integration of NASDAQ-listed ChipPAC Inc., the largest merger in the OSAT industry.

Tan has been instrumental in growing STATS ChipPAC's revenue from US$363m in 2002 to a record US$1,678m in 2010. In the same period, Tan turned the company around and delivered record net income of US$108m in 2010. Lay also transformed the business model and created a sustainable and profitable business model capable of generating free cash flow through business cycles. Finally, Tan repositioned the business model with a sustainable strategy that is focused on selected end-markets and market leaders, and differentiated on technology, operational excellence, cost competiveness, and turnkey solutions.

Lay Koon Tan has a Master in Business Administration from The Wharton School and a Bachelor of Engineering from the University of Adelaide.