Pragmatic Semiconductor Welcomes Peter Herweck as New Chair of Board

Pragmatic Semiconductor Welcomes New Leadership

Pragmatic Semiconductor Ltd. has made headlines with the appointment of Peter Herweck as the new Chair of its Board of Directors, effective immediately. Herweck takes over from Erik Langaker, who successfully led the board since 2020. This transition marks a pivotal moment for the company, positioned at the forefront of flexible integrated circuit (FlexIC) technology.

A New Chapter in Leadership

As a seasoned professional with over 40 years of experience in technology and industrial sectors, Herweck brings a wealth of knowledge to Pragmatic. He recently held the position of Chief Executive Officer at Schneider Electric SE, where he initiated transformative strategies that leveraged significant megatrends including digitization and sustainability, resulting in remarkable growth for the company. His previous experience also includes leading AVEVA plc, a major player in industrial software, where he was instrumental in its transition to cloud-based solutions and oversaw key acquisitions.

Herweck's extensive background in senior roles at Siemens AG further adds to his credentials. His experience encompasses leadership in industrial automation technology, making him well-equipped to guide Pragmatic Semiconductor during this critical growth phase.

In a heartfelt statement regarding his transition, Erik Langaker expressed gratitude for the journey and the company’s evolution under his leadership. He leaves behind a lasting legacy, marked by significant funding achievements, including a record-breaking $231 million Series D round, the largest venture funding ever raised for a semiconductor enterprise in Europe.

Praising the New Chair

David Moore, the CEO of Pragmatic Semiconductor, expressed enthusiasm about Herweck’s appointment. He emphasized that Herweck's proven leadership and extensive industry expertise will support Pragmatic’s strategic objectives as they scale their innovative FlexIC technology.

Moore stated, "His global leadership experience across industrial automation and advanced technology makes him ideally suited to help us accelerate our mission. Our aim is not just to grow, but to positively impact lives and foster sustainability through our cutting-edge technology."

Peter Herweck echoed his excitement to join the board, noting the opportunity to contribute significantly to the company's future. He stated, “It is a privilege to support Pragmatic's quest to achieve item-level intelligence at a massive scale.” Herweck's passion for technology, paired with his practical experience, adds an inspiring vision for the future.

The Future Ahead

Pragmatic Semiconductor is known for pioneering technology that bridges the digital and physical realms through its innovative FlexICs—ultra-thin and flexible semiconductors. These advancements are designed with sustainability in mind, intending to empower customers to achieve faster innovation cycles while maintaining resilience in supply chains.

As Pragmatic Semiconductor embarks on this next chapter, the company remains committed to its core mission: to create technology that not only serves its customers but also contributes positively to the environment. With Herweck at the helm, the future looks promising and filled with potential as the company navigates through exciting innovations in the semiconductor landscape.

Conclusion

Leadership transitions can often signify new directions and renewed growth for a company. Pragmatic Semiconductor’s strategic appointment of Peter Herweck reflects its ambition to uphold its leading role in the semiconductor industry while fostering sustainable practices and technological advances. With a solid leadership team and innovative vision, Pragmatic is poised for an exciting journey ahead.