SweGaN AB, a European semiconductor manufacturer that develops and produces custom-made GaN-on-SiC epitaxial wafers, announces the introduction of CFO Stefan Axelsson and R&D Manager Anders Lundskog. Axelsson will join the executive management team, and Lundskog has come on board in a new R&D role. Both joined SweGaN the first week of January 2024.

Jr-Tai Chen, CEO and co-founder of SweGaN, “We are excited to kick-off 2024 with the addition of two new key team members. With significant interest in SweGaN GaN-on-SiC epitaxial solutions for RF and power components, and aligned with growth projections, the company is proactive in securing resources and competence to capture a major share of the global GaN market.”

The company has previously engaged seasoned consultants for guidance in a number of fields. Moving to add permanent key management positions further positions SweGaN for fully embracing its scale-up strategy, new KPI’s, investor expectations and achieving ambitious innovation goals.

“As SweGaN enters its next phases of growth, Stefan will provide needed expertise in financial reporting, strategic planning, cash flow management, cost control and risk-management, to name a few key domains,” continued Chen. “Additionally, he will furnish expert guidance during fundraising, as well as comprehensive numbers-driven decision-making to make SweGaN more resilient and competitive.”

 “Tapping unique experience from Saab and Infineon, Anders’ objectives for the new R&D role will be to foster creativity and IT security, drive innovation research and help SweGaN achieve and maintain a competitive edge.” “I believe his track-record and enthusiasm will be valuable to our team and technology endeavors.”