IQE plc (AIM: IQE), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, has appointed Peter Rabbeni as Senior Vice President, Communications Infrastructure and Security Business Unit. In this role, Peter will lead IQE’s expansion within the communications infrastructure, data centre, and aerospace and security markets.

Peter brings decades of experience in the semiconductor industry to IQE. He has significant executive experience in business development and sales across the wireless industry, underpinned by a background in product design and engineering. These qualities make him the ideal candidate to grow IQE’s presence across its key growth markets.

Peter joins IQE after over a decade in executive roles at GlobalFoundries inc. (“GF”), the multinational semiconductor manufacturer, where he was most recently responsible for foundry sales partnerships and business development. In this position he led regional strategy for growing foundry sales partnerships and business development, as well as restructuring the Aerospace and Defence segment. Before this, he was VP of the Wireless Infrastructure and Satellite Communications business unit.

Prior to joining GF, Peter held various leadership roles at IBM, as well as engineering positions at Ericsson and Raytheon.

Americo Lemos, CEO of IQE plc, commented: “Peter is an industry expert with a solid track record of success across global businesses including GlobalFoundries, IBM and Raytheon. He brings a wealth of knowledge of the semiconductor ecosystem and deep customer relationships to IQE. His vast experience will help drive value creation and value capture for IQE, and enable us to deliver our strategic goals.’’

Peter Rabbeni commented: “Compound semiconductors are a tremendously exciting technology with huge growth potential across multiple applications. I look forward to partnering with IQE’s customers and industry-leading experts to deliver innovation and success.’’

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