Dennis Goetz and Joseph Humke, two seasoned experts, have been appointed to the board of directors of SkyWater Technology, the dependable technology realization partner, with effect from April 1, 2024. The company’s strategic direction and growth trajectory will greatly benefit from the invaluable expertise and experience that both people bring to the table. Mr. Humke will be a member of the Nomination and Corporate Governance Committee, while Mr. Goetz will be a member of the Board’s Audit Committee.
With a strong background in generating profitable growth and long-term value creation, Mr. Goetz is a flexible leader and a trusted business counselor who brings a wealth of finance experience to the Board. Since April 2020, he has had many CFO positions, the most recent of which being with Pohlad Companies, a private holding firm with a variety of investments. Previously, he was the principal and founder of Boyd Consulting Group, LLC, offering M&A, financial leadership, accounting, and strategic planning services. He was CFO and chief accounting officer at Buca, Inc. before joining United Sports Brands. Mr. Goetz holds an MBA in finance and strategic management from the University of Minnesota’s Carlson School of Business, a BBA in accounting and finance from the University of Wisconsin Eau Claire, and he is a Certified Management Accountant.
SkyWater’s governance and strategic decision-making procedures will be significantly strengthened by Mr. Humke’s vast legal and M&A experience on the board. He has a track record of successfully directing M&A deals and negotiating challenging legal environments. He presently works for Graco, Inc. as Executive Vice President, General Counsel, and Corporate Secretary, where he is in charge of managing the company’s worldwide legal department. In addition, he provides governance and compliance-related advice to the organization’s committees and board of directors. He was an Equity Partner at Ballard Spahr LLP, an Am Law 100 law firm, and Chair of the Corporate/M&A Practice Group at Lindquist & Vennum LLP before joining Graco. Mr. Humke graduated from Marquette University Law School with a Juris Doctor and the University of Wisconsin-Madison with a BBA in banking, finance, and investments.
According to SkyWater’s chairman of the board Gary Obermiller, Dennis and Joe’s experience in creating and carrying out organic and M&A growth plans, along with prudent capital allocation, will be instrumental in shaping our company’s financial strategies going forward. Both will be valuable team members in directing our ongoing enhancement and maximizing operational resource efficiency to increase revenue and cash flow.
CEO Thomas Sonderman of SkyWater said, They are delighted to extend a warm welcome to our newest board members. They offer decades of experience and leadership in fields vital to SkyWater’s expansion. Their selections increase the depth of expertise and experience on our board.
Based in the United States, SkyWater is a semiconductor manufacturer certified as a Category 1A Trusted Foundry by the DMEA. With its top-notch U.S. facilities for development services, volume production, and heterogeneous integration solutions, SkyWater’s Technology as a Service strategy expedites the path to production for clients. With the help of this innovative paradigm, pioneers in a variety of fields, such as mixed-signal CMOS, read-out ICs, rad-hard ICs, MEMS, superconducting ICs, photonics, and interposers, can collaborate to co-create the next generation of technology. Aerospace & Defense, Automotive, Biomedical, Cloud & Computing, Consumer, Industrial, and IoT are among the expanding markets that SkyWater supports.
In accordance with the Private Securities Litigation Reform Act of 1995, this press release contains forward-looking statements. These statements, which are not guarantees of future performance, include statements that are based on the Company’s current expectations or forecasts of future events rather than past events and outcomes. Risks, uncertainties, and assumptions surround forward-looking statements, and it is possible for them to vary differ from the Company’s actual performance, results, or accomplishments as stated or suggested by them. The following are some of the major variables that could cause the company’s actual results to differ from what was predicted or expected: the variables covered in the Risk Factors section of the company’s annual report on Form 10-K, quarterly reports on Form 10-Q, and other documents the company files with the SEC
