Sivers Semiconductors Revamps Leadership for Commercial Growth Strategy
Sivers Semiconductors AB (STO: SIVE), a prominent player in the fields of photonics and wireless technologies, is entering a pivotal phase of commercial growth, reflected by its recent strategic alterations in senior leadership. This shift is designed to bolster the company's ability to accelerate progress in its wireless and photonics products.
Effective September 28, 2026, Marc Pegulu is stepping in as the Managing Director of Wireless. With over 25 years of industry experience, Pegulu has a storied history of driving profitable growth in product businesses, particularly within RF, wireless, and mixed-signal technologies. His previous roles at notable companies such as Semtech and Qorvo have equipped him with a well-rounded perspective and a diverse skillset that is invaluable for Sivers Semiconductors as it seeks to expand its market presence.
In a parallel move, Harish Krishnaswamy, who co-founded MixComm—a company acquired by Sivers in 2021—will transition from his position as Managing Director of Wireless to the role of Chief Strategy Officer. His focus will pivot towards corporate strategy, mergers and acquisitions (MA), and exploring new business initiatives. With a strong background in technology and business growth, Krishnaswamy is poised to strengthen Sivers’ strategic outlook and position the company for long-term success.
David Clark is also joining the company as the Vice President of Engineering for Photonics, starting October 31, 2026. Clark brings a wealth of knowledge, accumulated over 25 years, across various disciplines including photonics, semiconductor packaging, engineering management, product marketing, and leadership in product lines. His work history features prominent organizations like Agilent and Amkor Technology, where he contributed to the commercialization and scaling of advanced packaging technologies, ensuring that Sivers stays on the cutting edge of innovation.
On the other end of this leadership transformation, Andrew McKee, the current Chief Technology Officer of Photonics and a co-founder of CST Global (acquired by Sivers in 2017), will retire from the company. McKee has been a significant driving force for Sivers, and will support the transition to Clark until the end of 2026. Sivers expresses appreciation for McKee’s contributions and wishes him well in his retirement phase.
"As we embark on this important new chapter, we are keenly aware of the critical role our leadership plays in harnessing our technological capabilities and amplifying our commercial endeavors," stated Vickram Vathulya, President and CEO of Sivers Semiconductors. He emphasized that attracting talents of this caliber reflects positively on the company's vision and potential.
The adjustments in Sivers' senior leadership structure signal a concerted effort to enhance its market position amidst an evolving landscape in wireless and photonics technology. With a strong foundational technology portfolio in place, the company now shifts its emphasis towards translating these advancements into scalable and impactful commercial opportunities.
Sivers Semiconductors is recognized for being at the forefront of energy-efficient solutions, enabling a greener data economy through its high-precision laser and RF beamformer technologies. The company aims to address performance challenges in critical sectors, including AI data centers, SATCOM, defense, and telecommunications. For more information on Sivers Semiconductors and its offerings, visit www.sivers-semiconductors.com.