Company: TSEM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001178913-25-001537
Chunk: 175

Company: TOWER SEMICONDUCTOR LTD
Filing Date: 2025-04-30
Form: 20-F
Item: Item 5
Chunk 175
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of Tower Semiconductor Newport Beach, Inc. from September 2008. In October 2010, Mr. Mor was nominated to be the manager of our Newport
Beach Fab, in addition to his General Manager role. Prior thereto, Mr. Mor served in Tower Semiconductor Ltd. as Vice President of Business
Development from April 2007, after serving as Vice President and Fab 2 Manager from August 2005, and as Fab 1 Manager from March 2003.
From November 2000 to March 2003, Mr. Mor served as Senior Director of Process Device & Yield of Fab 1. From 1998 to 2000, Mr. Mor
served as Director of Equipment Reliability & Support of Fab 1. Previously, Mr. Mor was employed by National Semiconductor in various
engineering and management capacities. Mr. Mor holds M. A. and B. A. degrees in chemical engineering from Ben Gurion University.

Dr. Avi Strum has served as our Chief Technology Officer since
November 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