Aquantia Appoints Mark Voll Chief Financial Officer

News Highlights:

- Seasoned financial executive with experience executing multiple IPOs as CFO strengthens veteran Aquantia management team

- Proven track record of success with three public semiconductor companies

- Former CFO Linda Reddick will remain with Aquantia as senior vice president of finance

Jan 11, 2016, 09:00 ET from Aquantia

SAN JOSE, Calif., Jan. 11, 2016 /PRNewswire/ -- Aquantia today announced Mark Voll has been appointed the company's chief financial officer. Voll brings with him an extensive background in corporate finance, treasury, tax analysis and risk management along with a deep experience in scaling companies to address multibillion-dollar market opportunities. He will report to Aquantia CEO Faraj Aalaei, and will be responsible for the company's global financial operations, investor relations and information technology. The appointment has been approved by Aquantia's Board of Directors and is effective immediately.

"Mark has an extraordinary track record of financial management success with high-growth, public companies in the semiconductor industry," said Faraj Aalaei, president and CEO of Aquantia. "His experience in taking two companies public, and his international perspective will be invaluable to Aquantia as we move into our next phase of growth."

An industry veteran, Voll played a leading role in two initial public offerings in the semiconductor industry.  Most recently, he was CFO at Montage Technology Group. While at Montage, he implemented operational and financial systems facilitating large-scale international growth. After a successful IPO in 2013, the company was acquired for approximately $700 million in 2014. In 2006, Mark led the execution of Techwell's IPO.  A developer of analog and mixed-signal semiconductors, Techwell was the top-performing technology IPO of the year according to Deloitte's annual list.  Additionally, he was chief financial officer of MoSys, Inc. from June 2002 to November 2005 and also from March 1998 to June 2000.  During his tenure at MoSys, the company became the leading supplier of high-density embedded memory IP targeted to SoC and ASIC designs.

"It's an incredibly exciting time to be joining Aquantia's leadership team," said Mark Voll. "The company has assembled an array of advanced and distinctive high-speed communications ICs that significantly reduce both system power consumption and cost of ownership, and enable the deployment of next-generation computing and communications infrastructure.  I look forward to helping Aquantia through its next phase of growth to become a disruptive force in the semiconductor industry."

Linda Reddick will remain at Aquantia as senior vice president of finance and will report to Voll. "Linda's commitment to Aquantia has been vital to our success," said Aalaei. "I am grateful for her leadership as we increased our market share, expanded our portfolio of products, and built a strong financial position. In her new role, Linda will help us tackle the many opportunities to improve our efficiency and performance."

About Aquantia

Aquantia is a leading semiconductor developer, and global supplier of high-speed connectivity solutions for data centers, enterprise and WLAN applications. The transition to 10Gb Ethernet and Multi-Gig Ethernet is currently underway, driven by the consolidation of data in the cloud and the mobile revolution. Aquantia's 10GBASE-T and AQrate PHY product lines lead the market with low-power, high-performance, and high-density silicon solutions. The company is strategically positioned to lead the traditionally long upgrade cycles in both Data Center and Enterprise infrastructure representing a multibillion-dollar market opportunity. Aquantia is headquartered in Silicon Valley, California with strong venture capital and strategic investors. For more information, visit www.aquantia.com.

 

SOURCE Aquantia



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