Todd Younkin Appointed President and CEO of Semiconductor Research Corporation (SRC)

DURHAM, N.C.–()–Semiconductor Analysis Company (SRC), a number one world semiconductor analysis consortium, immediately introduced the appointment of business veteran Todd Younkin as President and Chief Government Officer. Younkin’s appointment was made by SRC’s Board of Administrators. Younkin will begin transitioning to his new function on August 18, 2020.

Younkin is at the moment Government Director of SRC’s Joint College Microelectronics Program (JUMP), the place he has engineered, launched, and led all programmatic facets of the public-private partnership between business, authorities, and academia. That analysis initiative emphasizes the development of Pc Science, Electrical Engineering, and Supplies Science to safe continued U.S. thought management within the world semiconductor business.

Previous to SRC, Younkin held senior technical positions at Intel Company and brings a wealth of data in expertise innovation, together with intensive analysis and improvement experience spanning Intel’s 180nm to 5nm nodes. Whereas at Intel, Younkin was an assignee to IMEC, a world semiconductor R&D hub, gaining invaluable expertise by working intently throughout the consortium to assist transfer Excessive Ultraviolet Lithography (EUVL) into commercialization. He holds a Ph.D. from the California Institute of Expertise and Bachelor of Science from the College of Florida.

“The challenges going through the semiconductor business immediately are as thrilling and demanding as ever earlier than. On the similar time, AI, 5G+, and Quantum Computing promise to offer unfathomable features and advantages for humanity. The necessity for analysis investments that carry these expertise advances to bear is paramount,” stated Gil Vandentop, SRC Chairman of the Board. “Todd has demonstrated a capability to carry organizations collectively, sort out widespread analysis causes, and advance applied sciences into business. He has a transparent imaginative and prescient to take SRC to the following degree. I’m delighted that Todd has accepted this problem and can turn into the following SRC CEO.”

“I’m honored to steer SRC, a one-of-a-kind consortium with unbelievable potential and exceptionally proficient folks. Collectively, we’ll ship on SRC’s mission to carry the very best minds collectively to attain the unimaginable,” stated Younkin. “SRC is well-positioned to fulfill our dedication to SRC members, staff, and stakeholders by paving the way in which for the semiconductor business. Our sturdy values, distinctive innovation mannequin, and unflinching dedication to our members are core SRC ideas that we’ll keep as we transfer ahead.”

Ken Hansen, SRC’s present President and CEO, indicated earlier to the Board that he could be retiring in 2020 supplied that a strong succession plan was in place. SRC’s Board of Administrators has carried out a structured search course of for CEO succession, working intently with Hansen to develop inside candidates and determine exterior candidates. That course of culminated with SRC’s Board deciding to nominate Younkin.

“Through the previous 5 years, now we have rejuvenated SRC by considerably increasing the dimensions and scope of our analysis investments whereas including 11 key business companions,” stated Hansen. “I go away understanding SRC will at all times be part of me, that SRC has made me a greater chief, and with nice confidence within the alternative of Todd Younkin to succeed me. I look ahead to working with him on a clean transition and need him nice success in his new function.”

“On behalf of your entire Board of Administrators I wish to thank Ken for his intensive contributions to SRC and our business,” stated Vandentop. “Ken’s loyalty, dedication, and deep private integrity have served for example for all of SRC.”

Hansen will go away his present place on August 31, 2020. Throughout his tenure as CEO of SRC, Hansen led a turnaround that reestablished SRC because the main analysis consortium within the semiconductor business and culminated in document monetary efficiency.

“Todd is the best individual to steer SRC within the coming years,” stated Mukesh Khare, earlier SRC Chairman of the Board and Head of the Search Committee. “I look ahead to working intently with him and SRC’s management crew to construct a good stronger firm, one effectively positioned to fulfill the analysis wants of the longer term.”

“SRC is a serious driving power behind the college analysis that spurs innovation within the semiconductor business and all through our financial system,” stated John Neuffer, President and CEO of the Semiconductor Business Affiliation (SIA). “We thank Ken for his years of service and dedication to our business and look ahead to working with Todd as we proceed to advance semiconductor analysis priorities with policymakers in Washington.”

About SRC

Semiconductor Analysis Company (SRC.org), a world-renowned, excessive technology-based consortium, serves as a crossroads of collaboration between expertise corporations, academia, authorities businesses, and SRC’s extremely regarded engineers and scientists. By its interdisciplinary analysis applications, SRC performs an indispensable half to deal with world challenges, utilizing analysis and improvement methods, superior instruments and applied sciences. Members of SRC work synergistically collectively, achieve entry to analysis outcomes, elementary IP, and extremely skilled college students to compete within the world market and construct the workforce of tomorrow.

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