Elevate Semiconductor

Exciting news from ElevATE Semiconductor! We are thrilled to announce that Heather Kirkby, a seasoned executive with over 25 years of global leadership experience, has joined our Board of Directors. Heather's impressive background includes pivotal roles at Intuit and Siebel (acquired by Oracle), and she most recently served as Chief People Officer for Recursion Pharmaceuticals, a $2 billion public startup at the forefront of tech-enabled drug discovery. Now a highly sought-after advisor, Heather's expertise will be invaluable as we continue to innovate and lead in the semiconductor test industry. #TestSemiconductor #ATEEquipment #ATEManufacturer #ElevATESemiconductor #Leadership #Innovation #TechIndustry

We are excited to share some great news from ElevATE Semiconductor! We’ve entered into a manufacturing partnership with GlobalFoundries (Nasdaq: GFS) (GF) to produce high-voltage chips at their facility in Essex Junction, Vermont. Our designs will be manufactured on GF’s reliable 7HV technology platform. It’s an exciting time for our team as we work together to push the boundaries of semiconductor technology. Read more about this collaboration here: https://lnkd.in/g8P7v-Bt #Semiconductors #Innovation #ElevATE #GlobalFoundries

Visit Us @ SWTest in Carlsbad June 3-5! Discover the latest in Automated Test Equipment (ATE) and Semiconductor Test Solutions designed to tackle the most challenging testing scenarios. Engage with our expert team and stay ahead of the industry with ElevATE. See you at SWTEST 2024! Contact Minh.nguyen@elevatesemi.com to setup a meeting. 😏

The Appointment of Jan Gaudestad to CEO of Elevate Semiconductor We are proud to announce the appointment of Jan Gaudestad as the new CEO of Elevate Semiconductor, effective immediately. Jan has been a pivotal board member since the company's transition under Presidio Investors since starting in 2018. During Jan’s tenure as a Board member, his insights and input were instrumental in driving the growth of the organization. In a difficult time, Jan was asked to step up to the position as CEO to continue driving the company forward. We are elated that Jan has accepted the position of CEO to lead the company into the future. He comes to the team with an impressive background that includes an MBA, two master’s degrees in Physics, and over two decades of executive leadership in the semiconductor industry. Jan is committed to maintaining the momentum and strategic direction set by David Kenyon, stating "Continuity is key, and the path forward is clear. We will continue on the successful course that David set for the company." Background Based in San Francisco, Jan Gaudestad previously served as VP of Business Development at Wooptix based in Tenerife, Spain, a leader in semiconductor optical metrology. Before Wooptix, he focused on strategic accounts at InvenSense/TDK, working with consumer motion sensors, and spent 14 years at Neocera, managing global sales and new business development in backend semiconductor equipment. Jan holds an MBA from Santa Clara University (2009) and has two master’s degrees in Physics: one from the University of Maryland, College Park (2001), and another from the Norwegian University of Science and Technology in Trondheim Norway (2000). Regards, Chris Puscasiu Chairman, Elevate Semiconductor

It is with deep sorrow that we inform you of the passing of David this past weekend. On behalf of the Board of Directors and Presidio Investors, we extend our deepest condolences to his wife, Heather, his son, Jack, and David’s family and loved ones during this difficult time. This is a tremendous loss for our company, as he has been an integral part of our journey of transforming Elevate into a leading ATE company and has contributed immensely to our success over the past few years. Beyond his professional achievements, David’s warmth, humility, and genuine concern for the well-being of everyone in our organization set him apart as a truly exceptional leader. His door was always open and he cared for everyone at the company deeply. We understand that this news may be difficult to process, as to many of us David was more than just a leader; he was a friend, mentor, and a cornerstone of the community. His presence is deeply missed, but his legacy of hard work and dedication continues to inspire us. In these trying times, we find solace in the indelible memories that David has left us. From his infectious laugh and sense of humor to his unparalleled mentorship that shaped the careers of many, David’s spirit will forever resonate within the halls of Elevate. We pledge to honor his memory by continuing to embody the values he championed and to uphold the standards of excellence he set. Our team is available to answer any questions you may have upon your request. To Heather and Jack, please know that you are not alone in your mourning. The entire Elevate family shares in your grief and stands with you in commemorating David's remarkable life. With deepest sympathies, Chris Puscasiu The Board of Directors & the Elevate Leadership Team