STOCK TITAN

WISeKey Appoints Cesar Martin-Perez as Chief Revenue Officer to Deliver Innovative Solutions Designed to Further Accelerate Global Sales

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary

WISeKey has appointed Cesar Martin-Perez as Chief Revenue Officer to enhance global sales and drive innovation in secure IoT solutions. Martin-Perez, previously Senior VP of EMEA Sales, replaces Ben Stump and brings extensive experience in semiconductor sales and business development. His focus will be on accelerating WISeKey's expansion through IoT technologies including secure semiconductors and AI automation. The leadership change aims to strengthen WISeKey’s market position and improve profitability.

Positive
  • Cesar Martin-Perez's extensive experience in semiconductor and IoT markets is expected to drive growth.
  • Leadership change aims to enhance global sales strategy and business development.
Negative
  • Transition in leadership raises potential concerns about continuity and long-term strategy.

WISeKey Appoints Cesar Martin-Perez
as Chief Revenue Officer to Deliver Innovative Solutions Designed to Further Accelerate Global Sales

Geneva, SwitzerlandJuly 9, 2021: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that it has appointed Cesar Martin-Perez as its Chief Revenue Officer. Mr. Martin-Perez was most recently the Company’s Senior VP for EMEA Sales and replaces Ben Stump who recently left WISeKey after successfully integrating the WISeKey and arago sales teams.

In his new role, Mr. Martin-Perez will be focused on developing and delivering WISeKey’s innovative secure point-to-point IoT solutions - secure semiconductors, secure digital identities, AI automation solutions and value-added applications, designed to further accelerate WISeKey’s global expansion and revenue growth.   

Carlos Moreira, WISeKey’s Founder and CEO noted, “As a member of our team, Cesar has proven to be an accomplished leader. His tremendous experience in selling complex solutions to global IoT markets (Europe, North America, Middle East, Japan, and China) will tremendously benefit the group and assist our team to build upon WISeKey’s solid foundation, strengthen and expand geographic footprint, grow revenues, and improve profitability. Cesar is the ideal person to lead our sales organization as Chief Revenue Officer, thanks to his decades of experience leading sales teams in the semiconductor industry and microprocessor intellectual property licensing industry as well as his deep familiarity with the EMAE and Asia-Pacific region, including language skills. We are delighted to have Cesar join our leadership team.”

Mr. Martin-Perez, an electronics engineer, has an extensive experience in Semiconductor sales and business development in the high-tech industry. During his career, he focused on developing total system solutions for fast growing markets such as medical, industrial, smart home/building, aerospace/defense, and smart cities with a key focus on IoT.

About WISeKey
WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding Ltd
Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
info@wisekey.com
WISeKey Investor Relations (US)
Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
lcati@equityny.com

Disclaimer:
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.


FAQ

What is the significance of Cesar Martin-Perez's appointment as Chief Revenue Officer for WKEY?

Cesar Martin-Perez's appointment is significant as he aims to boost global sales and innovation in WISeKey's IoT solutions, leveraging his extensive experience in semiconductor sales.

Who did Cesar Martin-Perez replace at WISeKey?

Cesar Martin-Perez replaced Ben Stump, who previously integrated the WISeKey and arago sales teams.

How might Cesar Martin-Perez's leadership impact WISeKey's revenue growth?

His leadership is expected to accelerate revenue growth by developing secure IoT solutions and expanding the company's geographic footprint.

What experience does Cesar Martin-Perez bring to his new role at WKEY?

Cesar Martin-Perez brings a wealth of experience in semiconductor sales and business development across various global markets, including Europe, North America, and Asia.

What are WISeKey's primary focuses under the new Chief Revenue Officer?

Under Martin-Perez, WISeKey will focus on secure semiconductors, digital identities, and AI automation solutions to enhance its global expansion.

WISeKey International Holding AG American Depositary Shares

NASDAQ:WKEY

WKEY Rankings

WKEY Latest News

WKEY Stock Data

18.80M
9.79M
0.89%
0.15%
Semiconductors
Technology
Link
United States of America
Zug