indie Semiconductor Strengthens Management Team
April 07 2022 - 09:00AM
Business Wire
Appoints Chet
Babla as Senior Vice President of Strategic Marketing
indie Semiconductor (Nasdaq: INDI), an Autotech solutions
innovator, today announced that Chet Babla has joined the company
as Senior Vice President of Strategic Marketing, responsible for
expanding the Company’s Tier 1 and automotive OEM customer base as
well as supporting product roadmap development.
“We are delighted to have Chet join us at this key growth
stage,” said Donald McClymont, co-founder and chief executive
officer of indie Semiconductor. “Chet brings a powerful customer
network having served multiple decades across the semiconductor
industry. His accomplished background spans a variety of technical
and commercial roles, including most recently enabling next
generation automotive applications through foundational processing
technology. We look forward to leveraging Chet’s skillsets and
global relationships to help us accelerate indie’s growth
initiatives.”
“I am excited to be joining indie’s world class team given their
highly innovative Autotech portfolio,” said Chet Babla. “indie is
one of the best positioned companies in the world to capitalize on
advanced driver assistance systems, or ADAS, user experience and
electrification applications. To that end, my mission is clear:
engage with a broader set of automotive customers, build on the
design win pipeline and realize our business plans that much
faster.”
Mr. Babla has worked in the technology industry for over 25
years in a variety of technical and commercial roles, starting his
career as a chip designer. He most recently served as Vice
President of Arm’s Automotive Line of Business where he led a team
focused on delivering the processing technology required for
automotive applications including powertrain, digital cockpit, ADAS
and autonomous driving. Prior to Arm, Mr. Babla has held multiple
senior roles in the semiconductor industry and has also advised the
UK government on its ICT trade and investment strategy.
Mr. Babla holds a first-class degree in Electrical &
Electronic Engineering from The University of Huddersfield, UK, and
has completed multiple executive leadership programs, including at
the Haas School of Business, University of California Berkeley.
About indie
indie is empowering the Autotech revolution with next generation
automotive semiconductors and software platforms. We focus on edge
sensors spanning multiple modalities including LiDAR, radar,
ultrasound and vision for Advanced Driver Assistance Systems
(ADAS), autonomous vehicles, connected car, user experience and
electrification applications. These technologies represent the core
underpinnings of both electric and autonomous vehicles, while the
advanced user interfaces transform the in-cabin experience to
mirror and seamlessly connect to the mobile platforms we rely on
every day. We are an approved vendor to Tier 1 partners and our
solutions can be found in marquee automotive OEMs around the world.
Headquartered in Aliso Viejo, CA, indie has design centers and
sales offices in Austin, TX; Boston, MA; Detroit, MI; San Francisco
and San Jose, CA; Budapest, Hungary; Dresden and Munich, Germany;
Edinburgh, Scotland; Haifa, Israel; Quebec City, Canada; Tokyo,
Japan and several locations throughout China.
Please visit us at www.indiesemi.com to learn more.
Safe Harbor Statement
This communication contains “forward-looking statements”
(including within the meaning of Section 21E of the United States
Securities Exchange Act of 1934, as amended, and Section 27A of the
Securities Act of 1933, as amended). Such statements include, but
are not limited to, statements regarding our future business and
financial performance and prospects, and other statements
identified by words such as “will likely result,” “expect,”
“anticipate,” “estimate,” “believe,” “intend,” “plan,” “project,”
“outlook,” “should,” “could,” “may” or words of similar meaning.
Such forward-looking statements are based upon the current beliefs
and expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
beyond our control. Actual results and the timing of events may
differ materially from the results included in such forward-looking
statements. In addition to the factors previously disclosed in our
registration statement on Form S-1 (SEC File No. 333-257629) and in
our other public reports filed with the SEC (including those
identified under “Risk Factors” therein), the following factors,
among others, could cause actual results and the timing of events
to differ materially from the anticipated results or other
expectations expressed in the forward-looking statements: the
impact of the COVID-19 pandemic; our reliance on contract
manufacturing and outsourced supply chain and the availability of
semiconductors and manufacturing capacity; competitive products and
pricing pressures; our ability to win competitive bid selection
processes and achieve additional design wins; the impact of any
acquisitions we may make; our ability to develop, market and gain
acceptance for new and enhanced products and expand into new
technologies and markets; trade restrictions and trade tensions;
our ability to build, staff and integrate new design, testing,
sales and marketing facilities throughout the world; and political
and economic instability in our target markets. indie cautions that
the foregoing list of factors is not exclusive and investors are
encouraged to read the additional risks and uncertainties
previously disclosed in our registration statement on Form S-1 (SEC
File No. 333-257629) and in our other public reports filed with the
SEC (including those identified under “Risk Factors” therein). All
forward-looking statements in this press release are expressly
qualified in their entirety by the foregoing cautionary
statements.
Investors are cautioned not to place undue reliance on the
forward-looking statements in this press release, which information
set forth herein speaks only as of the date hereof. We do not
undertake, and we expressly disclaim, any intention or obligation
to update any forward-looking statements made in this announcement
or in our other public filings, whether as a result of new
information, future events or otherwise, except as required by
law.
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