News Article

IQE Appoints Americo Lemos As New CEO


Ex GlobalFoundries executive brings over two decades of managerial experience working with multi-national tech companies

IQE plc, the compound semiconductor wafer and materials company, has appoitnted Americo Lemos as CEO starting on 10 January 2022.

The board's decision to appointLemos follows an extensive and rigorous search process led by Phil Smith, interim executive chairman of IQE.

With over two decades of managerial experience working with multi-national tech companies, Americo has the skills necessary to lead IQE into the next phase of its evolution, further capitalising on the Group's position as the scaled global epitaxy leader.

Americo joins IQE from the executive team at GlobalFoundries Inc, a New York headquartered semiconductor designer and manufacturer. As GF's SVP of business development for Asia Pacific and China country president, Americo has been responsible for driving the business's efficiency and growth in these critical markets. Prior to this, he held executive positions at globally-renowned technology companies including Qualcomm and Intel, having also worked at Flextronics, Texas Instruments and Skyworks, amongst others.

"The depth and breadth of Americo's industry expertise make him the natural choice to take the business forward in its next stage of growth. His appointment will enable us to build on our solid global industry foundations and market-leading positions, and take advantage of key structural drivers and opportunities arising with the proliferation of 5G and the Internet of Things, " said Smith.

"Americo is the ideal leader to take over from IQE's founder Drew Nelson, who I would like to thank for his years of passion and dedication to building the company to its current global leadership position."

Lemos commented: "I am hugely excited to be joining IQE, a business at the forefront of the UK's high-tech manufacturing sector and one which I have long admired. I look forward to working with my new colleagues to ensure the business's continued success and growth, and achieving our vision of being the best advanced semiconductor materials solutions company in the world."

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