News: Suppliers
17 January 2024
SweGaN appoints Stefan Axelsson as CFO and Anders Lundskog as R&D manager
SweGaN AB of Linköping, Sweden — which develops and manufactures custom gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers (based on a unique growth technology) for telecoms, satcoms, defense and power electronics applications — has appointed Stefan Axelsson as chief financial officer and Anders Lundskog as R&D manager. Axelsson has joined the executive management team, and Lundskog has joined in a new R&D role.
“With significant interest in SweGaN GaN-on-SiC epitaxial solutions for RF and power components, and aligned with growth projections, the company is proactive in securing resources and competence to capture a major share of the global GaN market,” says CEO & co-founder Jr-Tai Chen.
The firm has previously engaged seasoned consultants for guidance in a number of fields. SweGaN reckons that adding permanent key management positions further positions it for fully embracing its scale-up strategy, new KPIs, investor expectations and achieving ambitious innovation goals.
Axelsson has extensive experience in corporate treasury, banking, alternative assets, and investment management – and broad industry background including SEB, Saab and Volvo.
“As SweGaN enters its next phases of growth, Stefan will provide needed expertise in financial reporting, strategic planning, cash flow management, cost control and risk management, to name a few key domains,” says Chen. “Additionally, he will furnish expert guidance during fundraising, as well as comprehensive numbers-driven decision-making to make SweGaN more resilient and competitive,” he adds.
“With an impressive background in process development for GaN materials at Infineon and system engineering from Saab, Anders brings highly valuable experience to the SweGaN technical team,” reckons Chen. He holds a Doctor of Philosophy (Ph.D.) in Materials Science and a Master of Science (MSc) in Applied Physics and Electrical Engineering from Linköping University of Technology.
“Tapping unique experience from Saab and Infineon, Anders’ objectives for the new R&D role will be to foster creativity & IT security, drive innovation research, and help SweGaN achieve and maintain a competitive edge,” notes Chen. “His track-record and enthusiasm will be valuable to our team and technology endeavors,” he believes.
SweGaN gains former Ericsson CEO as senior advisor
SweGaN adds chief operating officer as it scales up GaN-on-SiC epi manufacturing
