--- title: "Diodes Chairman Resigns After Shareholder Vote; New Chairwoman Appointed" type: "News" locale: "en" url: "https://longbridge.com/en/news/286083442.md" description: "Diodes Incorporated's chairman, Dr. Keh-Shew Lu, resigned after failing to secure majority support at the annual meeting on May 11, 2026. He will remain as a special advisor. Angie Chen Button has been appointed as the new chairwoman. Under Dr. Lu's leadership, Diodes saw significant growth, including a fivefold revenue increase and 34 years of profitability. The meeting also re-elected seven directors and approved executive compensation. Analysts rate DIOD stock as a Buy with a $139 price target, citing strong balance-sheet quality and positive earnings outlook, despite high valuation concerns." datetime: "2026-05-12T10:50:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286083442.md) - [en](https://longbridge.com/en/news/286083442.md) - [zh-HK](https://longbridge.com/zh-HK/news/286083442.md) --- # Diodes Chairman Resigns After Shareholder Vote; New Chairwoman Appointed ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Diodes ( (DIOD) ) has provided an update. At Diodes Incorporated’s annual meeting on May 11, 2026, long-serving chairman Dr. Keh-Shew Lu failed to secure majority support, receiving more votes withheld than in favor, and subsequently chose to resign immediately from the board rather than proceed through the company’s formal resignation review process. The company said his departure did not stem from any disagreement over operations or policy, and he will remain with Diodes as special advisor to the chief executive, while the board moved swiftly to appoint director and former lead independent director Angie Chen Button as chairwoman. Dr. Lu’s resignation and retirement as chairman, formally announced on May 12, 2026, mark the end of more than two decades of leadership during which he oversaw a more than fivefold increase in revenue, ten strategic acquisitions and 34 consecutive years of profitability, underscoring his central role in Diodes’ evolution into a multibillion-dollar semiconductor company. The same May 11 meeting also saw shareholders re-elect seven directors, approve executive compensation and ratify PricewaterhouseCoopers as auditor, while Button’s elevation brings a chair with deep semiconductor, financial and legislative experience, reinforcing independent oversight and signaling continuity in strategy and long-term growth ambitions for investors and other stakeholders. The most recent analyst rating on (DIOD) stock is a Buy with a $139.00 price target. To see the full list of analyst forecasts on Diodes stock, see the DIOD Stock Forecast page. **Spark’s Take on DIOD Stock** According to Spark, TipRanks’ AI Analyst, DIOD is a Outperform. The score is driven by strong balance-sheet quality and a positive earnings-call outlook with upbeat Q2 guidance, reinforced by strong technical uptrend signals. Offsetting these, valuation is expensive (P/E ~52) and fundamentals still show below-peak margins and mixed cash conversion, keeping the overall rating in the upper-mid range rather than higher. To see Spark’s full report on DIOD stock, click here. **More about Diodes** Diodes Incorporated is a semiconductor manufacturer that supplies high-quality analog and power solutions to leading customers in automotive, industrial, computing, consumer electronics and communications markets. The company leverages a broad application-specific product portfolio and a flexible hybrid manufacturing model, supported by global engineering, testing, manufacturing and customer service operations, to target high-growth end markets worldwide. Its total solutions sales approach positions Diodes as a premier provider in these sectors, emphasizing long-term value creation through operational scalability and consistent profitability. The firm has grown into a multibillion-dollar business and maintains a record of decades-long profitability, reflecting its established role in the global semiconductor supply chain. **Average Trading Volume:** 563,213 **Technical Sentiment Signal:** Buy **Current Market Cap:** $5.12B Learn more about DIOD stock on TipRanks’ Stock Analysis page. ### Related Stocks - [DIOD.US](https://longbridge.com/en/quote/DIOD.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) ## Related News & Research - [Top Diodes Executive Makes Notable Six-Figure Stock Move](https://longbridge.com/en/news/286990713.md) - [Diodes Insider Sold Shares Worth $291,720, According to a Recent SEC Filing](https://longbridge.com/en/news/286324625.md) - [Diodes CFO Sold Shares Worth Over $1.7M](https://longbridge.com/en/news/286320011.md) - [Tower Semiconductor Analysts Boost Their Forecasts Following Better-Than-Expected Q1 Earnings](https://longbridge.com/en/news/286435168.md) - [Where Cerebras' monster debut puts in among tech's biggest IPOs](https://longbridge.com/en/news/286465752.md)