Everspin Technologies names Vikas Choudhary to its board

Everspin Technologies (NASDAQ: MRAM) announced the appointment of Vikas Choudhary to its board of directors, effective August 9, 2026, to serve until the 2027 annual meeting of stockholders.

Choudhary, 54, currently serves as Senior Vice President and General Manager of the Connectivity and Storage Business Unit at MaxLinear, Inc., a position he has held since April 2024. Prior to that, he served as Vice President of Marketing and Sales at pSemi Corporation, a Murata company, from August 2020 to February 2024.

Choudhary has more than 30 years of experience in the semiconductor industry, having held engineering, strategy, and general management roles at STMicroelectronics, Texas Instruments, PMC-Sierra, Microsemi Corporation, and Analog Devices. He holds a Master of Science in electrical engineering from the University of California, Los Angeles, and an MBA from the Kellogg School of Management at Northwestern University.

On August 10, 2026, Choudhary received an initial restricted stock unit award valued at $250,000, vesting 50% on each of the first and second anniversaries of the grant date. He will also receive an annual cash retainer of $55,000. Any unvested RSU awards will vest immediately upon a change in control of the company.

The company stated there is no arrangement between Choudhary and any other person related to his selection as a director.

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