Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.
Super Micro Computer surged more than 20% after a special committee ruled that it found "no evidence of misconduct" at the embattled AI server maker, and appointed a new chief accounting officer.
Super Micro said it's also currently searching for a new chief financial officer, and looking to fill additional financial leadership positions.
The news from Super Micro Computer comes on the heels of a volatile year for the company.
The special committee consisted of a member of Super Micro's board, counsel from Cooley LLP and a team from forensic accounting firm Secretariat Advisors.
Persons:
Charles Liang, it's, Kenneth Cheung, Ernst & Young, Cooley
Organizations:
Super, Computer Inc, Micro Computer, Finance, Super Micro, Hindenburg Research, Ernst &, Nasdaq, Ernst, Cooley LLP
Locations:
Taipei, Taiwan