News · Yahoo Finance

Supermicro promised a new CFO in December 2024. A $2.5 billion smuggling case and a co-founder’s arrest later, it has one

Supermicro has named Mark Long, 59, as CFO, effective immediately, replacing David Weigand nearly two years after a board investigation committed to finding a successor. Long previously served as CFO and chief strategy officer at Western Digital, a $130 billion data storage company, and runs the investment and advisory firm Prime Impact Capital. The company faces legal issues: in March 2026, co-founder Yih-Shyan “Wally” Liaw was indicted and arrested over an alleged scheme to route $2.5 billion of Supermicro hardware containing Nvidia export-controlled chips to China, and he has pleaded not guilty. Supermicro is not a named defendant and says it is cooperating with law enforcement, while contractor Ting-Wei “Willy” Sun pleaded guilty to 4 counts, including obstruction of justice, with sentencing set for September 2027. Liaw’s trial has been moved from November 2026 to March 2027.

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