SkyWater Appoints John Sakamoto as President and Chief Operating Officer
- John Sakamoto's appointment as president and COO will accelerate the business transformation initiative and drive growth strategies
- SkyWater's onshore silicon manufacturing solutions position the company well for tremendous growth
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Company prepares for strategic growth in the face of unprecedented opportunities for the
During the business transformation initiative currently underway, which SkyWater launched with third party consultants earlier this year, the company determined that an operational leader with Sakamoto’s skills and experience would help accelerate the transformation process aimed at achieving greater levels of scale, revenue, and profitability.
Reporting to CEO Thomas Sonderman, Sakamoto will join SkyWater with 25 years of experience in various executive leadership positions with Altera, Intel, and Marvell, where he consistently achieved financial and strategic objectives through the implementation of effective business processes. His expertise includes market strategy, organizational growth, general management, business unit leadership, sales, operations, engineering, and acquisition integration.
“The semiconductor industry has an unprecedented opportunity before it, driven by the ever-increasing demand for new technologies manufactured in the
"I'm very excited about SkyWater's pioneering Technology as a Service (TaaS) business model, which enables customers to bring innovative solutions to market quickly," said Sakamoto. "With the growing demand for a
About SkyWater Technology
SkyWater (NASDAQ: SKYT) is a
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This press release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Company’s current expectations or forecasts of future events, rather than past events and outcomes, and such statements are not guarantees of future performance. Forward-looking statements are subject to risks, uncertainties, and assumptions, which may cause the Company’s actual results, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements. Key factors that could cause the Company’s actual results to be different than expected or anticipated include, but are not limited to, factors discussed in the “Risk Factors” section of its annual report on Form 10-K and quarterly reports on Form 10-Q, and in other documents that the Company files with the SEC, which are available at http://www.sec.gov. The Company assumes no obligation to update any forward-looking statements, which speak only as of the date of this press release.
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Tara Luther, Director, Corporate Communications | 952.851.5023 | tara.luther@skywatertechnology.com
Claire McAdams, Investor Relations & Strategic Initiatives | 530.265.9899 | claire@headgatepartners.com
Lauri Julian, PR Strategist & Media Relations | 949.280.5602 | lauri.julian@skywatertechnology.com
Source: SkyWater Technology