StockWatch
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Semiconductors
Management ChangeJun 22, 2026, 04:22 PM

indie Semiconductor Announces Board and President Changes

AI Summary

indie Semiconductor announced changes to its Board of Directors and executive leadership. Dr. Ichiro Aoki will resign as President and Board member, effective June 29, 2026, as part of a phased retirement plan, transitioning to a Technical Advisor role. Concurrently, Thomas Schiller was appointed as a Class III director, effective June 29, 2026. Mr. Schiller, who previously served as the company's CFO and EVP of Strategy, will continue in his current role as Strategic Advisor while serving on the Board.

Key Highlights

  • Dr. Ichiro Aoki resigned as President and Board member, effective June 29, 2026, as part of a phased retirement.
  • Dr. Aoki will continue to be employed by indie Semiconductor as a Technical Advisor.
  • Thomas Schiller was appointed as a Class III director, effective June 29, 2026.
  • Mr. Schiller previously served as indie's CFO and EVP of Strategy from Oct 2019 to June 2024.
  • Mr. Schiller has been a Strategic Advisor to the Company since November 2024, earning $150,000 annual base salary plus 30% target cash incentive.