Chief executive of one of Wales' leading tech firm IQE quits with immediate effect
The chief executive of one of Wales' leading technology firms, IQE, has left the business with immediate effect, in a move that sent its share price tumbling
In a London Stock Exchange statement, the leading global supplier of compound semiconductor wafer products and advanced material solutions has confirmed the departure of Americo Lemos, who took up the role in January 2022.
A search to find his replacement has been launched. Jutta Meier will take up the position of IQE's interim chief executive in addition to her chief finance officer role. Ms Meier joined IQE in January 2024 from Intel Corporation. Following the announcement IQE' share price was down nearly 20% to just under 12p.
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