UTStarcom Holdings Corp. announced that Mr. Eric Lam, is resigning as Vice President of Finance for personal reasons, effective May 31, 2020. Mr. Dan Xie, Director of Finance, has been named as Eric’s successor. Mr. Xie joined the Company in April 2012 and has taken various management positions in the finance department, including treasury, tax, technical accounting, internal audit and compliance. Mr. Xie has over ten years of experience in corporate finance and public practice, as well as nine years of experience in IT fields.