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Everspin Names CEO

CHANDLER, Ariz. -- Everspin Technologies, the global leader in MRAM and integrated magnetic systems, has named Aurangzeb Khan its president and chief executive officer. Khan brings extensive entrepreneurial, strategic and business development experience, and an established record of delivering systems and system-on-chip (SoC) products and services in the computer, storage and consumer markets.

Everspin MRAM delivers highly reliable, high-performance and cost-effective non-volatile random access memory. The company shipped the worlds first MRAM product in 2006. Everspin has grown its product portfolio to include 50 products and today has global production programs with industry leaders in the storage, industrial automation, gaming, energy management, communications, consumer, transportation and avionics markets.

“I could not be more excited to join Everspin at a time when the company is strongly expanding its product portfolio and ramping revenue growth,” said Khan. “Everspin’s revolutionary MRAM technology has broad market demand ranging from stand-alone memory products to embedded system-on-chip applications.”

Everspin Technologies Inc.