Pragmatic Semiconductor appoints new chair

Cambridge-headquartered Pragmatic Semiconductor Ltd. has appointed Peter Herweck as chair of its board of directors. 

He succeeds Erik Langaker, who has served in the role since 2020 and will remain a director until October 31 to support a smooth transition.

Peter brings more than four decades of experience in technology, industrial automation and advanced manufacturing. 

He previously served as chief executive of Schneider Electric SE, leading the company through strategic transformation and capitalizing on trends in digitisation, electrification and sustainability. 

Peter also held senior leadership roles at AVEVA plc and Siemens AG and is a long-standing non-executive director of Teradyne Inc.

He said: “I am excited to join Pragmatic’s board and support the company’s growth journey, scaling item-level intelligence to the trillions. 

“It is my great honour to contribute my passion for technology paired with industrial experience as we grow. 

“I thank Erik, the board and David for their trust.”

Erik oversaw a period of significant growth at Pragmatic Semiconductor, including the company’s Series C and a record-breaking $231 million Series D funding round – Europe’s largest venture raise for a semiconductor business – as well as the global expansion of its FlexIC technology. 

He will provide strategic guidance as the company continues to scale its pioneering flexible integrated circuit technology and expand its global manufacturing footprint.

Erik added: “It has been an extraordinary privilege to witness the company’s journey, from raw technology to designing and manufacturing commercial products at scale. 

“I want to express my sincere thanks to our shareholders, the board, and, not least, David and his team for making my time with the company so rewarding. 

“I am truly honoured that someone of Peter’s calibre will take on the role of chair as we embark on the next stage of growth.”

David Moore, chief executive of Pragmatic Semiconductor, added: “I am thrilled to welcome Peter as our new chair. 

“His extensive global leadership and experience across industrial automation, advanced technology and manufacturing make him perfectly positioned to support Pragmatic’s tremendous growth as we scale our unique FlexIC technology to accelerate the growth and success of our global customers and positively impact peoples' lives and our planet. 

“Personally, and on behalf of the leadership team and the entire company, I want to thank Erik for his dedicated service as chair. 

“His stewardship and support have been instrumental in guiding Pragmatic from an early-stage technology innovator into a scaling semiconductor leader.”

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