SEALSQ Announces Appointment of John O’Hara as Chief Financial Officer
January 23 2024 - 4:05PM
SEALSQ Corp ("SEALSQ" or "Company") (NASDAQ:
LAES), a company that focuses on developing and selling
Semiconductors, PKI and Post-Quantum technology hardware and
software products, today announced the appointment of John O’Hara
as its new Chief Financial Officer (“CFO”), effective January 22,
2024.
Mr. O’Hara is taking over for Peter Ward, who has served as
SEALSQ’s CFO since its IPO in May 2023. Mr. Ward will continue to
serve as CFO of WISeKey International Holding AG (“WISeKey”) (SIX:
WIHN, NASDAQ: WKEY), the parent company of SEALSQ. Mr. Ward will
also remain a member of the SEALSQ Board of Directors.
Prior to his appointment as CFO of SEALSQ, Mr. O’Hara held the
position of International Financial Controller at WISeKey, where he
successfully led the spin-off and listing of the Company on the
Nasdaq Stock Exchange. Mr. O’Hara's proficiency in US GAAP, IFRS,
and Swiss GAAP is grounded in his years of experience working with
multinational businesses, listed companies, partnerships, and
NGOs.
Bringing over 15 years of experience and expertise, Mr. O’Hara
is a highly skilled finance professional with a distinguished
career in the Professional Services and Cybersecurity industries,
particularly in the areas of Financial Control, Compliance and Risk
Management. His extensive background spans a diverse range of
industries, where he has consistently demonstrated exceptional
leadership and management skills.
Prior to joining WISeKey in 2018, Mr. O’Hara served as the
Global Financial Controller for Jesuit Worldwide Learning and as
Finance Director at Deloitte, where he led the strategic and
operational finance function of the Tax Service Line. Prior to
that, he was with Marsh & McLennan Companies as Financial
Controller, where he managed teams of over seventy people, leading
the finance transformation agenda for the UK Controllership
function and driving financial control across multiple regions.
Carlos Moreira, CEO of SEALSQ noted, “John's extensive
experience in implementing robust financial policies and procedures
aiming to significantly improve business performances, as well as
identifying and implementing numerous cost-saving actions, is
expected to bring a new era of financial excellence to SEALSQ. I
look forward to continuing working with John to foster growth and
sustainability.”
About SEALSQ:SEALSQ focuses on selling
integrated solutions based on Semiconductors, PKI and Provisioning
services, while developing Post-Quantum technology hardware and
software products. Our solutions can be used in a variety of
applications, from Multi-Factor Authentication tokens, Smart
Energy, Smart Home Appliances, and IT Network Infrastructure, to
Automotive, Industrial Automation and Control Systems.Post-Quantum
Cryptography (PQC) refers to cryptographic methods that are secure
against an attack by a quantum computer. As quantum computers
become more powerful, they may be able to break many of the
cryptographic methods that are currently used to protect sensitive
information, such as RSA and Elliptic Curve Cryptography (ECC). PQC
aims to develop new cryptographic methods that are secure against
quantum attacks.For more information please visit
www.sealsq.com.
Forward-Looking StatementsThis communication
expressly or implicitly contains certain forward-looking statements
concerning SEALSQ Corp and its businesses. Forward-looking
statements include statements regarding our business strategy,
financial performance, results of operations, market data, events
or developments that we expect or anticipates will occur in the
future, as well as any other statements which are not historical
facts. Although we believe that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates which are inherently subject to
significant uncertainties and contingencies, many of which are
beyond our control. Actual results may differ materially from those
expressed or implied by such forward-looking statements. Important
factors that, in our view, could cause actual results to differ
materially from those discussed in the forward-looking statements
include SEALSQ's ability to implement its growth strategies;
SEALSQ’s ability to generate revenue from emerging new
semiconductors; SEALSQ’s ability to generate revenue from Matter
certification and the new cyber trust mark standards; the
successful introduction of the WISeSat picosatellite constellation;
SEALSQ's ability to continue beneficial transactions with material
parties, including a limited number of significant customers;
market demand and semiconductor industry conditions; and the risks
discussed in SEALSQ's filings with the SEC. Risks and uncertainties
are further described in reports filed by SEALSQ with the
SEC.SEALSQ Corp is providing this communication as of this date and
does not undertake to update any forward-looking statements
contained herein as a result of new information, future events or
otherwise.
SEALSQ Corp.Carlos
MoreiraChairman & CEOTel: +41 22 594 3000info@sealsq.com |
SEALSQ Investor Relations (US)The
Equity Group Inc.Lena CatiTel: +1 212 836-9611
/ lcati@equityny.comKatie MurphyTel: +212 836-9612
/ kmurphy@equityny.com |
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