Everspin Appoints New CEO

　　Magnetoresistive random access memory (MRAM) supplier Everspin Technologies Inc. announced it is replacing its CEO with longtime SanDisk executive Kevin Conley.

　　Everspin, the leading supplier of MRAM, said Conley will take the reins on Sept. 1, replacing Phill LoPresti. LoPresti, who has been CEO of Everspin since 2010, who step down as CEO Aug. 31 but remain as an advisor to the company for six months, Everspin (Chandler, Ariz.) said.

　　Conley joined Everspin's board of directors in March. He spent 15 years at SanDisk, including a stint as chief technology and another as vice president and general manager of the firm's Client Storage Solutions business. He also previously served as vice president of engineering for Corsair Components Inc. He is listed as the inventor or co-inventor on more than 80 patents in the area of non-volatile memory architecture and management.

　　"Kevin’s experience building high-growth technology businesses, including a market leading SSD business at flash memory pioneer SanDisk, makes him an ideal selection to fulfill Everspin’s vision of making high-endurance, fast, and persistent MRAM ubiquitous in computing applications," said Geoff Tate, Everspin's lead board director, in a statement.

　　"From wearables to self-driving cars to big data analytics in the data center, there is an insatiable appetite developing for low latency high endurance non-volatile memory," Conley said. "Everspin has been a MRAM technology pioneer and its spin-torque MRAM holds the potential to address this market and disrupt the traditional computational memory hierarchy.