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16 January 2024

IQE appoints chief financial officer

Epiwafer and substrate maker IQE plc of Cardiff, Wales, UK has appointed Jutta Meier to its board as chief financial officer, effective from 22 January. Jutta is an experienced finance executive who has held senior positions at global semiconductor companies for over 25 years. She joins IQE from Intel Corp, where she was senior finance director at Intel Foundry Services, supporting Intel’s Foundry business transformation. Previously, Jutta she was VP of finance at GlobalFoundries Inc, and she also held various positions at Advanced Micro Devices Inc (AMD). “Her skills and experience gained within global semiconductor manufacturing will be an important asset to IQE, enabling her to drive value creation and improve margins and profitability,” believes CEO Americo Lemos. “Jutta’s contributions will be vital to driving IQE’s growth and the continued implementation of our strategic plan,” he adds. “IQE is at the forefront of the global compound semiconductor industry and I am very excited by the market opportunities and the growth potential of the business,” comments Meier. The appointment follows an extensive global search process led by the board and CEO. The board thanks Neil Rummings for assuming the role of interim CFO during the search process.

Tags: IQE

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