Lonergan Partners is pleased to announce that Ralph Schmitt has been named Chief Executive Officer at Sensera (ASX:SE1). The search was led by Mark Lonergan.
Ralph has been CEO at four publicly traded technology companies, where he was instrumental in invigorating strategic change as well as managing complex turnaround situations. He was most recently an executive at Toshiba Memory America, Inc., post the April 2016 acquisition of OCZ Storage Solutions (NASDAQ:OCZ) where he served as CEO from October 2012. Prior to his appointment at OCZ, Ralph served as CEO of PLX Technology (NASDAQ:PLXT), a global provider of system level semiconductor-based connectivity solutions. From 2005 through 2007, Ralph managed the turnaround, relisting and sale of Sipex (NASDAQ:SIPX), after which he became CEO of its acquirer Exar Corporation (NYSE:EXAR). From 1999 through 2005, Ralph was EVP of Sales, Marketing, and Business Development for Cypress Semiconductor (NASDAQ:CY) where he led sales growth to more than $1 billion while also overseeing numerous acquisitions. In addition to his executive experience, Ralph has held multiple venture capital advisory and board roles in technology over the past two decades.
Ralph holds a BSEE from Rutgers University.
Sensera is an integrated, fast turnaround client-specific designer and manufacturer of specialized high performance microsensors and micro-fabricated components for the Healthcare, Industrial, Defense and Aerospace markets. Sensera fulfills a capability gap for customers who may have limited capability to engineer their own micro-fabricated product or whose production requirements are insufficient for practical engagement with major high-volume suppliers.
We are pleased to have secured an experienced public company CEO of Ralph’s calibre. Ralph brings a formidable track record of creating value for shareholders in companies that operate in markets where hardware and software interface, and we look forward to him leading the next phase of Sensera’s growth.Matthew Morgan, Board Chairman, Sensera
I am excited to begin working with the talented team at Sensera to help drive market uptake of its innovative IoT-enabled solutions. I have a deep appreciation for the intellectual property Sensera has developed from the device microelectronic level to hardware and system software.Ralph Schmitt, CEO, Sensera
Ralph’s market knowledge, experience and rare passion will have an immediate impact on Sensera as they enter their next stage of growth as a global player in IoT. Ralph is an experienced company leader and we are excited about the future of Sensera.Mark Lonergan, Partner, Lonergan Partners