American Marconi Wireless News - u-blox Announces New Leadership Structure

With this structure u-blox is establishing a leadership team focused on innovation, technology, and long-term growth across existing and new market segments.

Matthias Poppel joined u-blox as Chief Growth Officer at the end of last year and worked closely with the Executive Committee on the company's strategy, structures, and market opportunities. Prior to joining u-blox, he was Chief Sales & Marketing Officer at Swissbit. He previously held international leadership roles across the semiconductor and technology sectors, including Texas Instruments and NXP, where he worked across the entire value chain - from Sales and Product Management to leading Business Units.

Christian Spörri has been employed by u-blox since April 4, 2022, as Global Head of Accounting, Reporting and Tax in the Finance department and brings strong experience in Finance Operations. Current CFO Camila Japur will leave the company to pursue a new opportunity outside u-blox.

Claudio Simao, Chairman of the Board of Directors of u-blox, said:

"Matthias Poppel brings extensive international management experience, strong strategic capabilities, and a deep understanding of technology and growth markets. Together with Andreas Thiel's technical excellence and the broad expertise of the rest of the Executive Committee, u-blox is well positioned for its next phase of growth across both existing and new business areas."

Ronald Ayles, member of the Board of Directors and Managing Partner of Advent International added:

"We are excited to welcome Matthias Poppel in the role of the CEO of u-blox and Christian Spörri in the role of CFO. We believe that the leadership team of u-blox is well positioned to capture the growth opportunities across existing and new market segments while staying at the forefront of developing state-of-the-art positioning solutions."

"u-blox has strong technology, great teams, and significant future potential,"

says Matthias Poppel.

"I look forward to actively shaping the company's next phase together with the teams and further strengthening our innovation and growth capabilities."

As part of the new leadership setup, Andreas Thiel, co-founder of u-blox, will assume the role of Chief Technology Officer. In this position, he will focus on accelerating u-blox's technological development and further strengthening the company's innovation capabilities.

"Technology and innovation have always been a core part of my work and motivation,"

explains Andreas Thiel.

"With increasing scaling, this is the right time for me to fully concentrate my energy on technology and innovation again and to further drive the technological development of u-blox."

For further information, please contact:

Media

Sven Etzold
Phone: +41 76 561 0066
[email protected]

u-blox is a global leader in automotive, industrial, and consumer markets, driving innovation through our cutting-edge positioning and short-range communication technologies. We are the pioneers behind high-precision technologies, providing smart and reliable solutions that enable people, vehicles, and machines to determine their precise position and communicate wirelessly. With headquarters in Thalwil, Switzerland, and offices across Europe, Asia, and the USA, we are making a global impact.

Join us on social media - X, Facebook, YouTube, LinkedIn and Instagram. (www.u-blox.com)

Disclaimer
This release contains certain forward looking statements. Such forward looking statements reflect the current views of management and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the u blox Group to differ materially from those expressed or implied. These include risks related to the success of and demand for the Group's products, the potential for the Group's products to become obsolete, the Group's ability to defend its intellectual property, the Group's ability to develop and commercialize new products in a timely manner, the dynamic and competitive environment in which the Group operates, the regulatory environment, changes in currency exchange rates, the Group's ability to generate revenues and profitability, and the Group's ability to realize its expansion projects in a timely manner. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in this report. u blox is providing the information in this release as of this date and does not undertake any obligation to update any forward looking statements contained in it as a result of new information, future events or otherwise.

SOURCE: u-blox AG

View the original press release on ACCESS Newswire

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