In these months, Chubb shaped a brand new management group and delisted firm from AIM. He’ll proceed to supply assist to the management group, in response to an organization assertion.
“We’re grateful for John’s management throughout this transitional interval,” stated firm chairman David Mitchard.
“It has been a privilege to guide Sondrel by way of this essential interval of transformation,” stated Chubb. “I’m assured that Ollie’s management will drive Sondrel to new heights. The corporate is well-positioned for its subsequent chapter of development.”
Incoming CEO Jones has a background in gross sales, advertising and business operations, in FTSE-listed engineering firms, personal equity-owned companies and know-how start-ups.
“I’m honoured to tackle the function of CEO for Sondrel at this thrilling time,” stated Oliver Jones. “John and the group have constructed a strong basis and I sit up for working with our workers, companions, and clients. Collectively, we are going to concentrate on driving development and enhancing our know-how choices.”
Sondrel is a UK-based fabless semiconductor firm specialising in high-end complicated customized digital asics. It offers a turn-key service for design, prototyping, testing, packaging and manufacturing. Amongst its clients it listApple (iPhone), Sony (PlayStation), Meta’s (Oculus), Samsung, Google and Sony smartphones, JVC (camcorders), Tesla and Mercedes-Benz (vehicles). It has workplaces within the UK, USA, India and Morocco.
See additionally: Sondrel backed by £5.6m investment
