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.
Read More: Michael Sheen pays off debts of hundreds of people
Read More: Next Page Chipmaker Graphcore to increase workforce by 20 per cent 2025-03-23 02:56:42 2025-03-23 02:56:42 Middlesbrough games studio Radical Forge creates jobs with £2.6m funding 2025-03-23 02:56:42 2025-03-23 02:56:42 Tyneside's TSG acquires Aylesbury firm in 'multimillion-pound' deal 2025-03-23 02:56:42 2025-03-23 02:56:42 Wise's shares soar as customer growth fuels 51% profit surge, plans to cut fees further 2025-03-23 02:56:42 2025-03-23 02:56:42 South West tech sector to be supported by new advisory board 2025-03-23 02:56:42 2025-03-23 02:56:42 Australia to ban all social media for under-16s 2025-03-23 02:56:42 2025-03-23 02:56:42 Fintech firm secures £1.35m prize at pitching competition 2025-03-23 02:56:42 2025-03-23 02:56:42 Sunderland cyber security firm seals £625,000 investment to trigger growth 2025-03-23 02:56:42 2025-03-23 02:56:42 Durham tech firm Indigo Software snapped up by US firm in undisclosed deal 2025-03-23 02:56:42 2025-03-23 02:56:42 Alphabet's Google Cloud division drives revenue surge, beating market expectations 2025-03-23 02:56:42 2025-03-23 02:56:42Recommend
