MRAM pioneer Everspin replaces CEO

MRAM pioneer Everspin replaces CEO

Business news |
By Peter Clarke

LoPresti will step down as CEO and from the Everspin board of directors, effective August 31, 2017, but will remain an advisor for the following six months.

Conley joined Everspin’s board of directors in March 2017 and has been active with the company in refining its strategy. Prior to that, Conley was chief technology officer with SanDisk Corp. until June 2016. Previously, he served as general manager of SanDisk’s client storage solutions business unit that he built from the ground up to over $1 billion in annual revenue.

Conley spent 15 years of his early career at SanDisk where he held several system engineering positions and he is listed as inventor or co-inventor on over 80 patents in the area of non-volatile memory architecture and management.

“Kevin’s experience building high-growth technology businesses, including a market leading SSD business at flash memory pioneer SanDisk, makes him an ideal selection to fulfil Everspin’s vision of making high-endurance, fast, and persistent MRAM ubiquitous in computing applications,” said Everspin board director Geoff Tate.

“From wearables to self-driving cars to big data analytics in the data center, there is an insatiable appetite developing for low latency high endurance non-volatile memory,” said Conley. “Everspin has been a MRAM technology pioneer and its spin-torque MRAM holds the potential to address this market and disrupt the traditional computational memory hierarchy.”

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