Hong Kong Business : Directory

In September 2003, The Purdue News provided a biography of Patrick Wang, chairman and Chief executive of Hong Kong based Johnson Electric. Wang recently gave Purdue, his alma mater, a $5 million gift.

The official site for Johnson Electric provides biographies for its board of directors. Information about Patrick Wang, the chairman and chief executive of Johnson Electric, includes educational and professional career information.

Purdue University has announced that it has received $30 million worth of gifts. The total comes from six different gifts. Patrick Wang, class of 1972, gave the School of Engineering $5 million.

In 2004, Purdue University recognized the achievements of Patrick Wang in mechanical engineering and business by awarding him an honorary doctor of engineering. Other information about Wang includes details about the direction he has taken Johnson Electric, and the other awards Wang has received.

Johnson Electric and Parlex Corporation have entered into a definitive agreement for Johnson Electric to acquire Parlex for approximately $74.6 million for the common shares and $27.5 million in the assumption of its convertible and nonconvertible debt. This announcement was made prior to shareholder and regulatory approval.

The wholly owned subsidiary of Johnson Electric, Gatebrook Limited, has announced final interim results for its Public Tender Offer for publicly held shares of Saia-Burgess. Patrick Wang, chairman and CEO of Johnson Electric, commented that the result would lead to synergetic and growth acceleration for Saia-Burgess

The Federation of Hong Kong Industries has recognized Patrick Wang, chairman and chief executive of Johnson Electric as its 2003 Industrialist of the Year. This award is based on judges' determinations that Wang is "[a] very successful entrepreneur with outstanding leadership qualities," that "[h]e has built VTech into a global brandname [sic]," and "[h]e places an emphasis on R&D, is devoted to community service, and contributes to industrial development."

Bain & Company, the global consulting firm, has published an article that cites Johnson Electric as a more typical successful growth company. Bain specifically cites Chief Executive Patrick Wang's strategy of utilizing outsourcing as micromotors replaced previous solutions as well as other strategic decisions contributing to Johnson Electric's success. These include its vertically integrated production chain, strong design capability, joint application development, low cost of production, and strong customer relationships.

The University of Southern California's (USC) Marshall School of Business honors Patrick Wang, chairman and chief executive of Johnson Electric with the International Award for Business Excellence. This award is part of USC's 34th annual Business Awards Luncheon.