IDEX's Board of Directors has appointed Stan Swearingen as CEO, effective from 1 April 2018.Stan Swearingen is currently hief Products Officer at IDEX. The current CEO, Dr Hemant Mardia will continue until 31 March 2018, and will then join IDEX's Strategy Advisory Council.In his five years as CEO, Hemant Mardia has transformed IDEX from a small-scale IP organisation into a leading player in the emerging biometric card market. The company has established a suite of mass market-ready solutions, a strong team, and deep partnerships with leading industry players. IDEX is rapidly entering a new volume commercialisation phase in biometric cards, and given the momentum and expected step change Hemant Mardia will now transition his role as CEO to Stan Swearingen, currently the Chief Products Officer of IDEX.”As part of our ongoing succession planning, it became apparent that Stan was the logical choice to succeed Hemant. He has an impressive executive level track record of commercialising and leveraging relevant technology into fast growing, competitive markets. In addition, he has been a key part of IDEX's executive management team for the last 18 months, which ensures continuity for our customers, partners, employees and shareholders”, says Morten Opstad, Chairman of IDEX. ” I would like to thank Hemant for his significant contribution to IDEX. I am pleased that Hemant will continue in a role where we can benefit from his considerable experience and insight”, he continues.Prior to joining IDEX in May 2016, Stan served as Senior Vice President & General Manager MaxTouch Business Unit and Chief Technology Officer of Atmel, where he drove the overall technology strategy and direction for the company. Stan has also served as Senior Vice President and General Manager Biometric Products Division and Chief Technology Officer for Synaptics, where he was instrumental in the formulation of the biometric fingerprint strategy, including the acquisition of Validity. Prior to Synaptics, Stan held senior positions at semiconductor companies, such as MiniCircuits, Skyworks Solutions, Agere Systems and National Semiconductor.”I look forward to leading IDEX into its next phase of commercialisation. I joined IDEX because of the strength of the team and the unique technology. Since then, my belief in IDEX's ability to succeed has only grown, and I'm confident the company will create significant value going forward”, says Stan Swearingen.
IDEX appoints new CEO
