for Global Marketing and Sales

EQS Group-News: u-blox AG / Schlagwort(e): Personalie                          
u-blox AG: u-blox announces Markus Schaefer as new Executive Director for      
Global Marketing and Sales                                                     
                                                                               
23.05.2019 / 18:30                                                             
                                                                               
                                                                               
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Press Release                                                                  
                                                                               
u-blox announces Markus Schaefer as new Executive Director for Global Marketing
and Sales                                                                      
                                                                               
Thalwil, Switzerland - May 23, 2019 - u-blox (SIX:UBXN), a global provider of  
leading positioning and wireless communication technologies, has appointed     
Markus Schaefer as the new Executive Director for Global Marketing and Sales.  
Schaefer, a veteran of the semiconductor industry with a solid track record in 
growing market share in his previous positions, will complete u-blox's         
executive leadership team.                                                     
                                                                               
                                                                               
The new head of sales will take over the lead from the CEO who in turn will    
focus more on corporate strategy and the alignment with key accounts. As       
Executive Director for Global Marketing and Sales, Markus Schaefer will define 
and implement the company's sales and marketing strategy in the Americas, EMEA,
and APAC sales regions. In addition to managing the company's business         
expansion, he will be responsible for growing the sales channels, as well as   
for defining u-blox's product marketing communication strategy.                
                                                                               
                                                                               
Schaefer holds a M.Sc. in Electrical Engineering (Dipl.-Ing.) from RWTH Aachen,
Germany and an MBA from Tiffin University, Ohio, USA. He brings with him deep  
insights into products and markets relevant to u-blox, acquired over more than 
15 years while leading international sales teams at Infineon, NXP, and, most   
recently, MACOM.                                                               
                                                                               
                                                                               
During his time at NXP, Schaefer helped to substantially grow the company's RF 
and power management business. In the course of five years under Schaefer's    
marketing and sales leadership, the RF Product Lines market share grew from 10%
to 40% and to a revenue level of over $600 million, with a particularly strong 
focus on the Asian and US markets. He joins u-blox from MACOM, where he led the
EMEA and India sales organization, drove organic year-to-year sales growth by  
20%, and established the company as a leader in high performance RF and optics 
solutions.                                                                     
                                                                               
"We're thrilled to have someone with such an impressive track record join our  
executive team," says u-blox CEO Thomas Seiler. "Markus Schaefer is uniquely   
prepared to provide the industry insight, the competitive knowledge, and the   
sales know-how to capitalize on evolving customer opportunities to drive our   
sales strategy to the next level."                                             
                                                                               
                                                                               
"In just over two decades, u-blox has positioned itself as a key player and    
leading innovator in positioning and wireless communication solutions," says   
Schaefer. "I look forward to tapping into that momentum and working with the   
people across the company to continue to pursue and accelerate the growth path 
that the company is on."                                                       
                                                                               
                                                                               
Markus Schaefer will join u-blox on September 1st and will be based in Thalwil,
Switzerland.                                                                   
                                                                               
                                                                               
About u-blox                                                                   
                                                                               
u-blox (SIX:UBXN) is a global provider of leading positioning and wireless     
communication technologies for the automotive, industrial, and consumer        
markets. Their solutions let people, vehicles, and machines determine their    
precise position and communicate wirelessly over cellular and short range      
networks. With a broad portfolio of chips, modules, and a growing ecosystem of 
products supporting data services, u-blox is uniquely positioned to empower its
customers to develop innovative solutions for the Internet of Things, quickly  
and cost-effectively. With headquarters in Thalwil, Switzerland, the company is
globally present with offices in Europe, Asia, and the USA.                    
                                                                               
Find us on Facebook, LinkedIn, Twitter @ublox and YouTube                      
                                                                               
                                                                               
u-blox contact:                                                                
Gitte Jensen                                                                   
Investor Relations                                                             
Phone +41 44 722 7486                                                          
gitte.jensen@u-blox.com                                                        
                                                                               
u-blox AG                                                                      
Zürcherstrasse 68                                                              
8800 Thalwil                                                                   
Switzerland                                                                    
Phone +41 44 722 74 44                                                         
Fax +41 44 722 74 47                                                           
info@u-blox.com                                                                
www.u-blox.com                                                                 
                                                                               
Disclaimer                                                                     
This release contains certain forward-looking statements. Such forward-looking 
statements reflect the current views of management and are subject to known and
unknown risks, uncertainties and other factors that may cause actual results,  
performance or achievements of the u-blox Group to differ materially from those
expressed or implied. These include risks related to the success of and demand 
for the Group's products, the potential for the Group's products to become     
obsolete, the Group's ability to defend its intellectual property, the Group's 
ability to develop and commercialize new products in a timely manner, the      
dynamic and competitive environment in which the Group operates, the regulatory
environment, changes in currency exchange rates, the Group's ability to        
generate revenues and profitability, and the Group's ability to realize its    
expansion projects in a timely manner. Should one or more of these risks or    
uncertainties materialize, or should underlying assumptions prove incorrect,   
actual results may vary materially from those described in this report. u-blox 
is providing the information in this release as of this date and does not      
undertake any obligation to update any forward-looking statements contained in 
it as a result of new information, future events or otherwise.                 
                                                                               
                                                                               
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Sprache:     Deutsch           

Unternehmen: u-blox AG         

             Zürcherstrasse 68 

             8800 Thalwil      

             Schweiz           

Telefon:     +41 44 722 74 44  

Fax:         +41 44 722 74 47  

E-Mail:      info@u-blox.com   

Internet:    www.u-blox.com    

ISIN:        CH0033361673      

Börsen:      SIX Swiss Exchange

EQS News ID: 815387            







                                            

Ende der Mitteilung  EQS Group News-Service



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815387  23.05.2019