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- Semiconductor technology and equipment firm Revasum (RVS) appoints Scott Jewler as President and CEO
- Following former CEO Rebecca Shooter-Dodd’s resignation at the end of May, Mr Jewler will step up to the top job from August 2
- The incoming CEO has over 25 years of experience in the semiconductor industry and in executive management roles
- Chairman Kevin Landis says the new CEO’s depth of experience will be critical in guiding RVS to “make the most of substantial opportunities” ahead
- Revasum shares are up 34.7 per cent, trading at 32.5 cents at 2:04 pm AEST
Semiconductor technology and equipment firm Revasum (RVS) has appointed Scott Jewler as President and CEO.
Following former CEO Rebecca Shooter-Dodd’s resignation at the end of May, Mr Jewler will step up to the top job from August 2.
Interim CEO Bill Kalenian will resume his duties as the company’s Vice President of Engineering.
The incoming CEO has over 25 years of experience in the semiconductor industry and in executive management roles, which Chairman Kevin Landis said will be critical in guiding Revasum to “make the most of the substantial opportunities” ahead.
Prior to joining RVS, Mr Jewler held executive leadership positions at Mitsubishi Chemical Group, Amkor Technology, Ultratech (now Veeco) and GlobalFoundries, and has worked to build businesses and manage operations across both Asia and North America.
He also holds seven patents and is the author of articles on semiconductor chip industry trends and manufacturing technology.
The new CEO will receive a yearly salary of US$286,000 (A$410,410) and a bonus plan will be established for up to 50 per cent of the fixed remuneration.
Additionally, Mr Jewler will be granted options and restricted stock units to purchase 4.8 million shares of RVS common stock over two tranches, half will vest upon completion of certain milestones and the other half four years from his start date.
Revasum shares were up 34.7 per cent, trading at 33 cents at 2:04 pm AEST.
