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Apr 28, 2015

Everspin Technologies announced it has appointed Jeff Winzeler as the company’s Chief Financial Officer (CFO). Winzeler joins Everspin from Avnera, a privately held semiconductor company specializing in analog and digital SoCs, and he served as CFO at several public companies.

In January 2015 Everspin closed a $29 million funding round, led by Global Foundries and Western Digital Capital, and the company is ramping up STT-MRAM production, and busy accelerating and delivering perpendicular and Gigabit ST-MRAM to the market. It's possible that Everspin is also gearing up towards an IPO and that's one of the reasons a high-profile CFO is required.