Sivers Semiconductors recruits new CFO

Sivers Semiconductors AB today announced that the company has recruited Håkan Rippe as new Chief Financial Officer (CFO) from September 20.

Håkan Rippe's career spans 27 years in both private equity-owned and listed technology companies. He has been part of several growth journeys and handled a significant number of acquisitions and capital market transactions. Håkan Rippe has previously held the role of CFO at Enea and Clavister as well as senior positions at IBM and Telelogic, among others.

After moving to Nasdaq Stockholm's main list, we are now entering the next phase of our growth journey. Håkans Rippe's many years of experience as CFO from companies on the main list and from the stock market will be a strong addition to the company. Håkan has run many M&A transactions and been responsible for business development in the US for many years, which is a big plus", said Anders Storm, President and CEO of Sivers Semiconductors.

Håkan Rippe succeeds Robert Ejermark, who has been the CFO of Sivers Semiconductors for over three years.

Robert has been instrumental in the company's move to Nasdaq's main list by creating a robust and sustainable long-term structure in the company. We want to thank Robert for a very good job over the years", said Anders Storm.

Håkan Rippe has recently at market price, acquired 375,000 shares in Sivers Semiconductors.

For more information please contact:
Anders Storm, CEO
Tel: +46 70 262 6390
E-mail:
anders.storm@sivers-semiconductors.com

Sivers Semiconductors AB is a leading and internationally recognized technology company that, through its two business areas Wireless and Photonics, supplies chips and integrated modules. Wireless develops RF chips and antennas for advanced 5G systems for data and telecommunications networks. Photonics develops and manufactures semiconductor-based optical products for optical fiber networks, sensors and optical fiber communications (Li-Fi). The company is listed on Nasdaq Stockholm under SIVE. The head office is located in Kista, Sweden.
For more information contact:
www.sivers-semiconductors.com

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Quotes

After moving to Nasdaq Stockholm's main list, we are now entering the next phase of our growth journey. Håkans Rippe's many years of experience as CFO from companies on the main list and from the stock market will be a strong addition to the company. Håkan has run many M&A transactions and been responsible for business development in the US for many years, which is a big plus.
Anders Storm, President and CEO of Sivers Semiconductors