Innovative Micro Technology Announces New Executive Leadership Team

SANTA BARBARA, Calif., June 26, 2019 /PRNewswire-PRWeb/ -- Innovative Micro Technology, Inc., (IMT), the premier U.S.-based MEMS technology and platform solutions company, today officially announced its expanded executive leadership team. The company has appointed Jim McGibbon (CFO), Eric Sigler (SVP, Strategy and Business Development), Hamid Mohammadi (VP, Sales), Stephen Bohn (VP, Marketing), and Dylan Kelly (GM, MEMS Relays and RF). These appointments provide the added experience and execution bandwidth to support customers through IMT's next phase of growth catalyzed by the round of investment in the company last fall.

The new members of the IMT leadership team are:

Jim McGibbon, Chief Financial Officer
Jim is a 20+ year finance veteran with a background that spans accounting, investment banking, private equity and corporate strategy. He previously helped lead strategy and M&A for The Home Depot and managed two tech-focused private equity funds. He was also an investment banker at Credit Suisse First Boston and a CPA with Arthur Andersen. Jim graduated from the Haas School of Business at UC Berkeley.

Eric Sigler, Senior Vice President, Strategy and Business Development
Eric brings 20+ years of strategy, M&A, product management, and venture capital experience. His most recent work includes originating acquisitions for a $B+ family office. Eric previously spent 7 years at Tessera Technologies in various executive roles including corporate development, product marketing, and business development. He spent 7 years at Scale Venture Partners, where he was a partner leading semiconductor investments. He holds a BBA from the University of Massachusetts, Amherst and an MBA from the Haas School of Business at UC Berkeley. Eric also serves on IMT's board.

Hamid Mohammadi, Vice President, Sales.
Hamid is a 20 year semiconductor industry sales executive. At ST Micro, he led sales for one of the MEMS industry's first high volume products, growing their MEMS business to more than $400M per year. Subsequently, as VP of Sales at Invensense, he helped scale their MEMS business in North America and Europe to more than $200M per year. He most recently served as VP, Sales and Applications for Megachips Technology America. He started his sales career as an account manager for Phillips Semiconductor. Hamid holds a BSEE and MSEE from San Jose State University.

Stephen Bohn, Vice President, Marketing
Steve brings over 20 years of global experience in digital marketing and communications in diverse industries such as automotive, medical device, pharma, electronics and aerospace in the U.S., Japan, and Europe. Before joining IMT, he led marketing for NuSil Technology, the global leader in medical and space-grade silicone materials and Trelyst, a drug delivery subsidiary of NuSil. Prior to that, he worked on the agency side, creating digital solutions for notable brands such as Audi, Maserati, Ducati, and Pirelli. He has a BA in Economics and Psychology from the University of Michigan.

Dylan Kelly, General Manager, MEMS Relays and RF
Dylan is a veteran of the RF semiconductor business, having led the development and introduction of over 200 RFIC designs and shipping over 4 billion devices. He started his career as an IC designer at Motorola, followed by nearly 20 years of progressive leadership roles at Peregrine Semiconductor and pSemi (now part of Murata), where he most recently served as President and COO. Dylan holds a BSEE from the University of Texas, Austin and an MSEE from the University of California, San Diego.

"For nearly 20 years IMT has been helping customers commercialize innovative MEMS solutions, said Craig Ensley, CEO of IMT. "IMT now finds itself in the unique position of ramping production for its customers in many of the highest growth markets, including optical communications, IoT sensors, 5G, LiDAR, autonomous vehicles, and biochips. Following closure of our large equity financing in Q4, 2018, we are strengthening our leadership team to ensure we successfully support our customers' growth."

About IMT
Innovative Micro Technology, Inc. (IMT) designs and manufactures Micro Electro-Mechanical Systems (MEMS) and wafer-level optics for sensing and communications applications. The company partners with innovative customers to solve challenging technical problems and deliver breakthrough MEMS-based solutions. IMT is the largest MEMS foundry in the US, serving customers from its 30,000 square foot class 100 wafer fabrication facility in Santa Barbara, supported by a dedicated staff of over 110 MEMS experts. IMT's extensive experience spans the full spectrum of MEMS, including optics, sensors, relays & RF switches, and microfluidic biochips. http://www.imtmems.com

SOURCE Innovative Micro Technology