Ruth Hernandez Appointed as Chief Sales Officer at Soitec

Company Announcement - Soitec appoints Ruth Hernandez as Chief Sales Officer, effective immediately [2] - Ruth Hernandez will join the Executive Committee and be responsible for driving Soitec's commercial success [2] - Ruth Hernandez succeeds Yvon Pastol, who will leave the company on January 31 after leading global Sales since August 2020 [3] Executive Background - Ruth Hernandez brings 25 years of experience in the semiconductor industry, having worked with major companies like Texas Instruments, Maxim Integrated, and GlobalFoundries across five countries [3] - She is expected to play a key role in driving Soitec's long-term growth strategy and strengthening customer networks [3] Executive Statements - Ruth Hernandez expressed excitement about joining Soitec and contributing to its global impact through cutting-edge technologies that combine performance and energy efficiency [4] - Pierre Barnabé, CEO of Soitec, welcomed Ruth Hernandez and thanked Yvon Pastol for his significant contributions to the company [4] Company Overview - Soitec is a world leader in innovative semiconductor materials, with over 30 years of experience in developing cutting-edge products that deliver technological performance and energy efficiency [5] - The company generated sales of 1 billion Euros in fiscal year 2023-2024 and holds over 4,000 patents [5] - Soitec serves three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI [5] - The company employs 2,300 people across Europe, the United States, and Asia, representing 50 different nationalities [5]