Keysight Announces Leadership Appointments

Rhea-AI Summary

Keysight Technologies (NYSE: KEYS) announced key executive appointments. Steve Yoon, current VP of Americas sales region, has been promoted to senior VP of global sales, replacing retiring Mark Wallace. Jason Kary, VP of treasury and investor relations, has been appointed senior VP and president of the Electronic Industrial Solutions Group, succeeding retiring Ee Huei Sin. Both appointees bring extensive industry experience and will report directly to CEO Satish Dhanasekaran to advance Keysight's software-centric solutions strategy.

Positive

• Strategic appointment of experienced internal leaders ensures business continuity
• Both appointees have proven track records in driving growth and performance
• Smooth transition plan in place with retiring executives supporting the handover

Negative

• Departure of two long-serving executives with over 65 years of combined company experience

Experienced leaders to drive long-term growth

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS) today announced the following executive appointments:

• Steve Yoon, vice president of the Americas sales region, has been appointed senior vice president of global sales. Yoon succeeds Mark Wallace, who is retiring after more than 35 years with the company.
• Jason Kary, vice president, treasurer and investor relations, has been named senior vice president and president of the Electronic Industrial Solutions Group. Kary succeeds Ee Huei Sin, who is retiring after over 30 years with the company.

Satish Dhanasekaran, Keysight’s President and Chief Executive Officer, said: “I am excited to announce the appointment of Steve and Jason, two strong leaders with extensive expertise and experience. They will play a critical role in advancing Keysight’s software-centric solutions strategy and driving long-term value creation. I also want to express my gratitude to Mark and Huei Sin for their outstanding contributions and leadership. Their accomplished careers have left a lasting impact on Keysight."

Wallace and Ee will support smooth transitions until they retire. Yoon and Kary will report to Dhanasekaran in their new roles.

Leader Biographies

Yoon leads the company’s largest sales region, the Americas. Throughout his tenure with the company, he has built a track record of driving above-market growth and cultivating strong relationships internally and externally. Yoon has also held a variety of sales and product management positions and has extensive experience working with customers in the semiconductor, wireless, cloud/data center, automotive, and aerospace defense industries. He earned a bachelor’s degree in electrical engineering from the Illinois Institute of Technology.

Kary has served as Keysight’s treasurer and head of investor relations since 2014. He is a highly respected leader, both internally and externally, known for his results focus and high performance. With nearly three decades of industry experience, Kary has held multiple finance leadership positions of increasing responsibility during his tenure, spanning wireless communications, electronic industrial, and life sciences markets. Prior to Keysight, he was the group chief financial officer for Agilent’s $1.6B Life Sciences Group. Kary holds an MBA from Carnegie Mellon University and a bachelor’s degree from the University of Illinois, Urbana-Champaign.

Forward-Looking Statements

This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The words “expect,” “intend,” “will,” “should” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysight’s management and on currently available information. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Keysight undertakes no responsibility to publicly update or revise any forward-looking statement.

About Keysight Technologies

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

Source: IR-KEYS

View source version on businesswire.com: https://www.businesswire.com/news/home/20241104957460/en/

Keysight Media Contacts

INVESTOR CONTACT:

Jason Kary

+1 707 577 6916

jason.kary@keysight.com

MEDIA CONTACT:

Claire Rowberry

+1 339 200 9518

claire.rowberry@non.keysight.com

Source: Keysight Technologies, Inc.

FAQ

Who are the new executive appointments at Keysight (KEYS) in 2024?

Steve Yoon has been appointed senior VP of global sales, and Jason Kary has been named senior VP and president of the Electronic Industrial Solutions Group.

Who is replacing Mark Wallace at Keysight (KEYS)?

Steve Yoon, former VP of Americas sales region, is replacing Mark Wallace as senior VP of global sales.

What is Steve Yoon's background at Keysight (KEYS)?

Steve Yoon led Keysight's Americas sales region and has experience in sales and product management across semiconductor, wireless, cloud/data center, automotive, and aerospace defense industries.

What is Jason Kary's experience at Keysight (KEYS)?

Jason Kary has served as Keysight's treasurer and head of investor relations since 2014, with nearly three decades of industry experience in finance leadership positions.