Benzinga | Sep 3, 2021 04:05PM EDT

Everspin Announces Appointment of Anuj Aggarwal as Chief Financial Officer

Everspin Technologies, Inc. (NASDAQ:MRAM), the market leader in MRAM, today announced that Anuj Aggarwal has been appointed as Chief Financial Officer of Everspin, effective immediately. Mr. Aggarwal had been serving as Interim Chief Financial Officer of Everspin since April 30, 2021.

"I'm excited to announce that Anuj Aggarwal will take on the permanent position of Chief Financial Officer of Everspin. Anuj and I are laser-focused on growth and profitability, along with increasing shareholder value," said Darin Billerbeck, Executive Chairman of the Board and Interim Chief Executive Officer of Everspin.

"Everspin has made meaningful improvements over the last several quarters, including reaching profitability for the first time in Q2. We believe Everspin's MRAM products are uniquely positioned to disrupt the market for traditional memory. I am excited and thankful to support the Everspin team in this capacity," said Mr. Aggarwal.