IQE
plc
Cardiff, UK
20 December 2024
Board
Change
IQE plc (AIM: IQE, "IQE" or
the "Group"), the leading global supplier
of compound semiconductor wafer products and advanced material
solutions, today announces that Phil Smith,
Non-executive Director, will step down from IQE's Board of
Directors, effective from 1 January 2025.
As announced on the appointment of
Mark Cubitt in October 2024, Phil Smith's intention was to step
down from the Board following the completion of a suitable
transition period.
Phil has served on the Board for
nearly nine years, including five years as Chair.
Mark Cubitt, Executive Chairman of IQE,
commented:
"I'd like to thank Phil for his significant contribution to
IQE during his nine years on the Board, including during periods
when he has stepped in as Executive Chair, and I have been grateful
for his support during this transition period. On behalf of the
whole Board, I wish him all the best for the
future."
Contacts:
IQE
plc
+44 (0) 29 2083 9400
Mark Cubitt
Jutta Meier
Amy Barlow
Peel
Hunt (Nomad and Joint Broker)
+44 (0) 20 7418 8900
Ben Cryer
Kate Bannatyne
Adam Telling
Deutsche Numis (Joint Broker)
+44 (0) 20 7260 1000
Simon Willis
Hugo Rubinstein
Iqra Amin
Headland Consultancy (Financial PR)
+ 44 (0) 20
38054822
Andy Rivett-Carnac: +44 (0) 7968 997
365
Chloe Francklin: +44 (0)78 3497
4624
ABOUT IQE
http://iqep.com
IQE is the leading global supplier
of advanced compound semiconductor wafers and materials solutions
that enable a diverse range of applications across:
·
Smart Connected Devices
·
Communications Infrastructure
·
Automotive and Industrial
·
Aerospace and Security
As a scaled global epitaxy wafer
manufacturer, IQE is uniquely positioned in this market which has
high barriers to entry. IQE supplies the global market and is
enabling customers to innovate at chip and OEM level. By leveraging
the Group's intellectual property portfolio including know-how and
patents, it produces epitaxy wafers of superior quality, yield and
unit economics.
IQE is headquartered in Cardiff UK, with employees across
manufacturing locations in the UK, US and Taiwan, and is listed on
the AIM Stock Exchange in London.
