Pragmatic Semiconductor names Peter Herweck as board chair

Pragmatic Semiconductor Ltd. announced the appointment of Peter Herweck as Chair to its Board of Directors, effective immediately. Herweck succeeds Erik Langaker, who served as Chair since 2020 and will remain a director through October 31, 2025, to support the transition.

Herweck brings more than four decades of experience in technology, industrial automation and advanced manufacturing. He most recently served as Chief Executive Officer of Schneider Electric SE. His previous roles include CEO of AVEVA plc and senior leadership positions at Siemens AG, including Chief Executive of the Process Industries and Drives Division and Chief Strategy Officer. He currently serves as a non-executive director of Teradyne Inc. (NASDAQ: TER).

During Langaker's tenure as Chair, Pragmatic Semiconductor completed its Series C funding round and a $231 million Series D funding round, which the company describes as Europe's largest venture raise for a semiconductor business. The period also included expansion of the company's manufacturing operations and commercialization of its flexible integrated circuit technology.

"I am thrilled to welcome Peter as our new Chair. His extensive global leadership and experience across industrial automation, advanced technology and manufacturing make him perfectly positioned to support Pragmatic's tremendous growth," said David Moore, CEO of Pragmatic Semiconductor, according to the company's press release.

Pragmatic Semiconductor designs and manufactures flexible integrated circuits, which are ultra-thin, flexible semiconductors. The Cambridge, England-based company operates what it calls the FlexIC Foundry and provides foundry services to customers developing flexible semiconductor applications.

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