Biography: David Chao

After joining Apple Computer, Inc. in June 1989, Mr. David Chao was instrumental in the company’s rapid growth and also managed the company’s startup investment portfolio in the U.S. After joining U.S. McKinsey & Company in August 1993, Mr. Chao worked in the telecommunications and software industries, where he was involved in technology, marketing, and financial strategy development projects. Thereafter, having co-founded Japan Communications Inc. in May 1996, where he served as Chief Financial Officer, Chief Technology Officer, and Director, before becoming Co-Founder and General Partner of DCM Ventures in January 1997, Mr. Chao has extensive knowledge and experience in investment, business management, and technology. In addition to offering advice on the Group’s long-term strategies and playing a vital role in business judgments and decision-making processes at the Board, Mr. Chao has also expressed views from the standpoint of minority shareholders of SBG and thus the Board recognizes that he has made significant contributions to the improvement of enterprise value of SBG through the supervisory function.
SBG expects that Mr. Chao will use his wealth of knowledge and experience to supervise SBG and offer advice, and has elected him as an External Board Director for the further growth of the Group.