#Cambridge #United Kingdom #Pragmatic Semiconductor #Peter Herweck #Erik Langaker

Pragmatic Semiconductor Welcomes New Board Chairman

Pragmatic Semiconductor Ltd., known for its pioneering work in flexible integrated circuits, has made a significant leadership change. The company has appointed Peter Herweck as the new chairman of its board of directors, effective immediately. He succeeds Erik Langaker, who has rendered invaluable service since 2020.

A New Era Begins

Peter Herweck brings over four decades of experience in global technology and industrial automation to the role. Most recently, he served as the CEO of Schneider Electric SE, overseeing transformative strategic initiatives that capitalized on key trends such as digitalization, electrification, and sustainability. Herweck’s leadership at Schneider Electric was pivotal in achieving record growth while navigating an evolving market landscape.

Before his tenure at Schneider, he was the CEO of AVEVA plc, a leading industrial software company, and played a crucial role in its transition to cloud-based SaaS models. His impressive background also includes key positions at Siemens AG, where he was instrumental in developing automation technologies and fostering digital strategies.

A Legacy of Growth

Erik Langaker, the outgoing chairman, contributed significantly to Pragmatic’s transformation and growth, leading successful funding rounds, including a landmark Series D raise of $231 million—the largest venture capital round ever in Europe for a semiconductor company. Langaker will continue to support Pragmatic as an advisor until October 31, 2025, facilitating a smooth transition to Herweck.

David Moore, the CEO of Pragmatic Semiconductor, expressed his enthusiasm for Herweck’s appointment, stating, "His vast leadership experience in advanced manufacturing and industrial automation uniquely positions him to drive Pragmatic’s growth. We are excited to accelerate our FlexIC technology and positively impact our customers and world."

A Vision for the Future

Upon his appointment, Herweck stated his excitement to join Pragmatic’s board and emphasized the opportunity to scale item-level intelligence across billions of units, blending his passion for technology with his industrial experience. He expressed gratitude toward Erik Langaker and the board for their confidence in him.

Langaker reflected on his tenure, stating it has been a privilege to witness the company’s evolution from an innovative tech startup to a recognized leader in the semiconductor industry. He acknowledged the invaluable contributions of shareholders, the board, and the dedicated team at Pragmatic Semiconductor.

About Pragmatic Semiconductor

Pragmatic Semiconductor is at the forefront of large-scale flexible semiconductor technology, aiming to sustainably connect the digital and physical worlds. With innovative, purpose-driven design, the company creates ultra-thin, flexible integrated circuits (FlexICs). These products provide customers with flexible solutions capable of connectivity, sensing, and computing, leveraging sustainable intelligence at scale.

Their unique FlexIC fabrication process allows for rapid innovation cycles and sustainable production, paving the way for a resilient supply chain.

This leadership transition marks an exciting chapter for Pragmatic Semiconductor, as the company continues to pioneer advancements in semiconductor technology while reinforcing its commitment to sustainability and innovation.