Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 76

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 3
Chunk 76
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2023, in addition to his role of Senior Vice President and General Manager of the Sensors and Displays Business Unit from 2018.
Dr. Strum has served as a member of the board of directors of TPSCo since 2019. Prior to that, Dr. Strum served as Vice President and
General Manager of the Specialty Business Unit, Vice President of Europe Sales, Head of the Design Center in Netanya and Device and Integration
Department Manager. Prior to joining Tower, Dr. Strum served as the President and COO of TransChip Inc. and from 1996 to 2001, he served
in various positions with Intel Corp., both in Israel and the United States. From 1990 to 1996, Dr. Strum served as the R& D Manager
of SCD and was in charge of all the Infrared Detectors development in SCD. Dr. Strum received his Ph. D. and B. Sc. degree in Electrical
Engineering from the Technion - - Israel Institute of Technology.

Directors

Amir Elstein has served as the Chairman of our Board since
January 2009. Mr. Elstein serves as a director of Teva Pharmaceutical Industries Ltd. and serves as Chairman of the Israel Democracy
Institute. During 2010-2013, Mr. Elstein served as Chairman of the Board of Directors of Israel Corporation. Mr. Elstein was a member
of Teva Pharmaceutical Industries senior management team from 2005 to 2008, where he ultimately held the position of the Executive Vice
President at the Office of the Chief Executive Officer, overseeing Global Pharmaceutical Resources. Prior to that, Mr. Elstein was an
executive at Intel Corporation, where he worked for 23 years, eventually serving as General Manager of Intel Electronics Ltd., an Israeli
subsidiary of Intel Corporation. Mr. Elstein received a B. Sc. degree in physics and mathematics from the Hebrew University of Jerusalem
and M. Sc. degree in the Solid-State Physics Department of Applied Physics from the Hebrew University of Jerusalem. In 1992, Mr. Elstein
received his diploma of Senior Business Management from the Hebrew University of Jerusalem.

Kalman Kaufman has served as a director since 2005 and as
chairman of the Corporate Governance and Nominating Committee since January 2018. From 1994 until 2005, Mr. Kaufman served as Corporate
Vice President at Applied Materials. Between 2010