IQE plc (GB:IQE) has released an update.
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IQE plc has announced the immediate departure of its CEO Americo Lemos, with Jutta Meier stepping in as interim CEO while continuing her role as CFO. The company is focusing on executing its near-term pipeline, enhancing cash generation, and pursuing the IPO of its Taiwan business. This leadership transition comes as IQE navigates the semiconductor market recovery and positions itself for long-term growth.
For further insights into GB:IQE stock, check out TipRanks’ Stock Analysis page.
