24th Sep 2018 08:51
LONDON (Alliance News) - Allied Minds PLC on Monday said its subsidiary Spin Transfer Technologies appointed John Kispert as independent chairman.
Prior to this appointment, Kispert served as chief executive officer at semiconductor manufacturing company Spansion Inc, where he guided the company through a period of significant sales growth and margin expansion.
"John has a stellar global reputation built on a demonstrable track record of success in driving commercial traction, licensing IP, and ultimately in creating and crystallizing value for shareholders," said Allied Minds Chief Executive Jill Smith.
Shares in Allied Minds were up 3.8% on Monday at 71.00 pence each.
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