On March 25, 2016 Yih-Jong Shy's employment as the Chief Executive Officer with NowNews Digital Media Technology Co. Ltd. terminated. On the same day, the Board of Directors of the company appointed Shuo-Wei Shih as the Chief Executive Officer of the company.

Before joining the company, Mr. Shih has been a director of GIA Investment. From 2007 to 2012, Mr. Shih was the founder of Sunrise Global Solar Energy Ltd.