The company has put in place a new Chief Operating Officer, Roger Levinson and new Vice President of Finance, Controller; Ken Scarince.
The pair bring experience and skills gained from careers spanning over five decades between them.
Scarince is a career accountant who has worked previously for Virgin America, Deloitte and most recently at Los Angeles based financial consultancy, 8020 Consulting. He is no stranger to technology businesses, having also served a stint at Virgin Galactic.
Levinson on the other hand is an engineer with a distinguished career spanning companies including Exar, Semtech, Intersil and Rambus. His most recent position was vice president of Engineering at enterprise cloud computing provider RStor.
BrainChip CEO, Louis DiNardo, congratulated the pair on their appointments and predicted their appointments would be positive for the company.
“Roger and Ken bring great strength in their respective disciplines. As we move Akida through IC design, development and manufacturing, the company will benefit greatly from Roger and Ken’s substantial insight and leadership in operations and finance,” said Di Nardo.
Levinson and Scarince have joined BrainChip at an important time for the company as it advances the deployment and commercialisation of its Akida neuromorphic system on a chip.
BrainChip’s Akida system utilises unique artificial intelligence, mimicking the human brain.
This will be particularly useful in edge computing, allowing data to be processed ‘on the spot’ rather than sending it to-and-fro from a central hub.
This will mean faster processing times while actually reducing the energy utilised, making it ideal for mobile technologies such as drones and driverless cars.
BrainChip’s latest announcement also noted that its Non-Executive Director, Julie Stein, has stepped down and that it continues “to review its makeup, and consider an additional appointment to the Board in due course.”
The appointments come soon after BrainChip’s appointment of Stepe Wilks as Non-Executive Chairman in February.
BRN was impressed by Wilks’ extensive experience in IT and communications.
He previously held roles as consulting director of NM Rothschild & Sons, and Chief Operating Officer of Nextgen networks.
He was the founder and managing director of XYZed — which developed and managed Australia’s first competitive broadband wholesaler.
He has also held roles with Optus, British Telecom, and Hong Kong Telecom, and currently serves as a non-executive director at fellow ASX-listed tech companies BluGlass Limited (ASX:BLG) and DataDot Technology (ASX:DDT).
This content is produced by Star Investing in commercial partnership with BrainChip. This content does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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