Management ChangeAug 12, 2026, 06:07 AM
Everspin Appoints Vikas Choudhary to Board of Directors
AI Summary
Everspin Technologies, Inc. has appointed Vikas Choudhary to its Board of Directors, effective August 9, 2026. Mr. Choudhary, 54, brings over 30 years of semiconductor industry experience, currently serving as Senior Vice President and General Manager at MaxLinear. He was granted an initial restricted stock unit award valued at $250,000, vesting over two years, and will receive an annual cash retainer of $55,000 for his board service.
Key Highlights
- Vikas Choudhary appointed to Everspin Technologies' Board of Directors, effective August 9, 2026.
- He will serve until the 2027 annual meeting of stockholders.
- Mr. Choudhary is currently Senior VP and General Manager at MaxLinear, responsible for business and product strategy.
- He previously served as VP, Marketing and Sales at pSemi Corporation from August 2020 to February 2024.
- Granted an initial restricted stock unit (RSU) award with a grant value of $250,000.
- The RSU award will vest 50% on the first and second anniversaries from the grant date.
- He will also receive an annual cash retainer of $55,000 for his board service.
Price Impact
More from MRAM