Sivers Semi appoints new president and CEO
Sivers Semiconductors, a supplier of integrated chips and photonics modules for advanced communications, has announced the appointment of Vickram Vathulya as its new president and CEO, succeeding Anders Storm, effective August 19, 2024.
Vathulya brings over 25 years of experience in the semiconductor industry with a proven track record in building strategically sound businesses backed by strong organisational talent while navigating complex market dynamics to lead Sivers through its next phase of growth.
Vathulya most recently served as president of Nuvotronics. Prior to that, he revitalised the standard products business at Maxim Semiconductors, the largest and most profitable business in the company portfolio.
His experience also includes other executive leadership roles, such as successfully growing a variety of RF and wireless businesses at Maxim Integrated and NXP Semiconductors. Vathulya has a PhD in Electrical Engineering from Lehigh University in Pennsylvania and an MBA from the Berkeley Haas School of Business, University of California.
Bami Bastani, recently appointed chairman of the board for the Sivers Semiconductors AB, said: "Vickram’s leadership qualities and industry expertise are exactly what Sivers was looking for in this CEO appointment in order to accelerate our aggressive growth strategy in the US and worldwide. His proven ability to deliver profitable growth and build high-performance teams will be invaluable as we aim to cement our position as a leader in advanced semiconductor and photonic solutions."
"I’m excited to join Sivers and work alongside our talented wireless and photonics leaders, teams and innovative customers to expand our footprint in the global markets, driving the next phase of our growth journey,” said Vathulya. “Our portfolio of RF products for Satcom & 5G systems and optical products for AI computing and sensing demonstrates the truly cutting-edge capability Sivers brings to the market. With several marquee customers recently selecting Sivers for their solutions, I am confident the company is on the cusp of remarkable growth and shareholder value creation.”
