After 17 years as CEO of CEVA and greater than 32 years with the corporate, Gideon Wertheizer is about to retire on the finish of the yr. The CEVA board of administrators has unanimously appointed Amir Panush as CEO efficient January 1st, 2023. Wertheizer will proceed to function an energetic member of CEVA’s board of administrators and shall be employed in an advisory position within the close to time period to make sure a clean management transition.
“On behalf of everybody on the Firm, I want to sincerely thank Gideon for his strategic imaginative and prescient, management and dedication to the success of CEVA for the reason that firm’s inception 20 years in the past,” stated Peter McManamon, Chairman of the Board of CEVA. “Below Gideon’s stewardship, CEVA has remodeled into the business’s undisputed chief in wi-fi connectivity and sensible sensing platform IPs that energy billions of units world wide. We look ahead to persevering with to profit from Gideon’s expertise and counsel as an adviser and board member going ahead.”
“It has been an awesome honor for me to steer CEVA, and I’m extraordinarily pleased with what our workforce has achieved collectively,” states Gideon Wertheizer. “As a lot as we’ve achieved over the previous 20 years, CEVA has limitless future potential, with ubiquitous applied sciences and a collaborative enterprise mannequin for sensible and related units. I want to thank all of my colleagues for his or her assist, dedication to innovation and diligence through the years and look ahead to persevering with to contribute to the Firm.”
Amir Panush was chosen to succeed Wertheizer as CEO following an in depth search. Having been primarily based within the US for the previous 17 years, Panush will relocate to Israel within the coming months. “Amir has a wonderful monitor report of management at massive know-how firms, sturdy relationships throughout the business, and plenty of intersections with CEVA’s goal markets. Amir is a considerate and analytical individual that impressed us along with his strategic imaginative and prescient and is an excellent match for CEVA. We look ahead to working with Amir to write down the subsequent chapter of CEVA’s progress story,” McManamon commented.
Amir Panush joins CEVA from InvenSense, a TDK group firm, the place he served as CEO and Normal Supervisor of TDK Company’s MEMS Sensors Enterprise Group and the place he led the corporate by means of income progress of over 100% since 2020. Panush beforehand held numerous management positions at TDK, following TDK’s profitable acquisition of InvenSense in 2017. He joined Invensense in 2015, serving as head of the corporate’s Technique & Company Improvement, the place he drove strategic enlargement and diversification efforts.
Previous to InvenSense, Amir Panush held a number of management roles at Qualcomm and led strategic advertising and partnerships at Atheros Communications (acquired by Qualcomm). His earlier business roles spanned software program engineering and undertaking administration management at Texas Devices and Comsys Cell (acquired by Intel). Panush holds a Grasp of Enterprise Administration from Haas Enterprise Faculty, College of California at Berkeley and a bachelor’s diploma, Cum Laude, in Pc Science from Technion Institute of Expertise in Israel.
“I’m extremely excited concerning the alternative to steer CEVA ahead and I’m honored by the belief proven in me by CEVA’s board of administrators. CEVA is uniquely positioned to leverage its deep portfolio of wi-fi connectivity and sensible sensing IPs at a time when the market alternative for these applied sciences has by no means been higher. I’m energized by the chance to construct on this know-how management along with our extremely gifted workforce to speed up the Firm’s progress and improve the monetary efficiency within the years forward,” states Panush.
CEVA is a number one licensor of wi-fi connectivity and sensible sensing applied sciences, offering Digital Sign Processors, AI engines, wi-fi platforms, cryptography cores and complementary software program for sensor fusion, picture enhancement, laptop imaginative and prescient, voice enter and synthetic intelligence. These applied sciences are supplied together with its Intrinsix IP integration companies, serving to clients deal with their most advanced and time-critical built-in circuit design initiatives.