Eclat announced today the appointment of Shu-Wen “Richard” Wang as its new Chairman, effective June 12, 2024. Richard, who joined Eclat in 2001, brings valuable experience and a proven track record. He succeeds Cheng-Hai Hung, the company’s founder, who retired after decades of leadership. Richard’s appointment underscores Eclat’s commitment to continuity and strategic growth in the competitive global textile manufacturing industry.
Cheng-Hai Hung, along with three partners, founded Eclat in 1977. Under Hung’s leadership, Eclat went public, achieved exceptional operational performance, and consistently posted record revenue and profits. His stewardship fostered a culture rooted in integrity and driven by innovation, a legacy that continues to guide Eclat today.
Richard transitioned from the banking industry to join Eclat in 2001 as Executive Assistant to Chairman Cheng-Hai Hung. He has since held various roles across different business units and management departments. His notable contributions include establishing an integrated knitting, dyeing, and finishing factory in Vietnam, which played a crucial role in Eclat’s overseas expansion and diversification of production bases.
In 2017, Richard became Executive Vice President and co-established the CSR Executive Committee—now known as the ESG Committee—with other members serving as its convener. By 2022, he was promoted to Vice Chairman, overseeing Eclat’s management team, risk control, corporate governance, and environmental sustainability. His efforts were pivotal in integrating artificial intelligence (AI) and implementing automated software and hardware in the company’s management and manufacturing processes.
Eclat expresses its gratitude to all its partners whose support has been instrumental in achieving its success. Under Richard Wang’s leadership, we look forward to closer collaboration and continued growth in activewear technologies, fashion, and the broader textile industry.
