Alphawave Semi welcomes David Reeder to its Board of Directors

– UK, London –  Alphawave IP Group plc (LON: AWE), a global leader in high-speed connectivity for the world’s technology infrastructure, today announced the appointment of David Reeder to its Board of Alphawave Semi as a Non-Executive Director effective from 1 September 2023.

David Reeder will join the Audit Committee and the Nomination Committee.

About David Reeder

David Reeder has served in senior finance and operational roles in global high-technology companies including GlobalFoundries, Texas Instruments, Broadcom, Cisco, and Lexmark. In October of 2021, as CFO of GlobalFoundries, he led the largest-ever semiconductor IPO ($26B market cap IPO). Before GlobalFoundries, David served as CFO and CEO of Lexmark and as CEO of Tower Hill Insurance Group, a $1B revenue private equity company. He also served on the audit committee of Milacron and the transaction committee during the Milacron merger with Hillenbrand.

He has extensive experience in corporate finance, strategic planning, supply chain management, engineering, manufacturing, IT systems, investor relations, and risk management. Additionally, he has demonstrable CFO and CEO experience at both privately and publicly held companies.

David Reeder said: “I am very excited to be joining the Board at Alphawave Semi, to bring my extensive experience in semiconductors to this emerging leader in the semiconductor space. Having taken GlobalFoundries public recently, I understand the unique challenges of being a newly public company in semiconductors and I look forward to serving the shareholders of Alphawave Semi as a Non-Executive Director.”

About Alphawave Semi

Alphawave Semi is a global leader in high-speed connectivity for the world’s technology infrastructure. Faced with the exponential growth of data, Alphawave Semi’s technology services a critical need: enabling data to travel faster, more reliably, and with higher performance at lower power. We are a vertically integrated semiconductor company, and our IP, custom silicon, and connectivity products are deployed by global tier-one customers in data centers, computing, networking, AI, 5G, autonomous vehicles, and storage. Founded in 2017 by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to accelerate the critical data infrastructure at the heart of our digital world.

For more information: https://awavesemi.com/

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