Super Micro to hire new CFO, says independent review finds no evidence of fraud


FILE PHOTO: Logos of Super Micro Computer are pictured at COMPUTEX Taipei, one of the world's largest computer and technology trade shows, in Taipei, Taiwan May 30, 2023. REUTERS/Ann Wang/File Photo

(Reuters) -Super Micro Computer has begun the search for a new finance chief based on recommendations made by a special committee formed to look into the AI server maker's accounting practices, the company said on Monday.

The company said the independent committee's review, which took over three months, found no evidence of fraud or misconduct on the part of Super Micro's management, sending its shares up about 20%.

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