pSemi, in a bid to simplify its organizational structure, has announced the promotion of its two Directors to Vice Presidents and a change in of CEO. These changes come in the midst of a record-breaking quarter as pSemi prepares for rapid growth. The company is projected to end this quarter in September with revenue 15 percent higher than the prior record.
Stefan Wolff is set to step down as the CEO of pSemi on Oct. 1. The former CEO and current CTO, Jim Cable, will now serve as CEO. To support the transition, Stefan will remain a strategic advisor until December, when he will return to Germany to be closer to his family.
The company will also promote Donna Fenn to Vice President of HR and Anil Tata to Vice President of IT, effective Oct. 1. Donna Fenn joined pSemi in 2016 as Director of HR, and under her leadership, the company’s headcount has grown to more than 580 employees. Anil joined pSemi in 2015 as Director of IT, and he has effectively scaled the enterprise’s systems. Both positions will report directly to the CEO and will support additional internal needs and more collaboration with Murata.
