NEWS ANNOUNCEMENT FOR IMMEDIATE RELEASE
SkyWater Appoints Mark Litecky in New Role of Chief Revenue Officer
Litecky’s leadership and industry expertise to drive SkyWater’s revenue strategies, customer diversification and
value creation to propel growth for the company
BLOOMINGTON, MN, March 5, 2020 – SkyWater Technology, the innovator’s trusted foundry partner, today announced that Mark Litecky has been appointed as SkyWater’s Chief Revenue Officer (CRO). In this newly created role, he will be responsible for growing and expanding the revenue strategies, systems and programs needed to drive profitable and predictable growth for the company. Litecky will leverage SkyWater’s current momentum to further expand its diversified customer relationships and accelerate growth across the markets it serves to drive ever increasing enterprise value.
“I’m very pleased that Mark will be joining SkyWater to lead the next phase of our sales and marketing strategy: creating new revenue streams, broadening our customer mix and firmly establishing the SkyWater brand as a differentiated value creator for our industry,” said Thomas Sonderman, SkyWater President. “With the addition of Mark’s proven leadership, we will build upon SkyWater’s first three years of excellent progress and accelerate delivery of vital accomplishments for our business and customers.”
Litecky’s 30 plus years of experience has focused on growing revenue and profits by building and aligning revenue generating teams to meet the needs of targeted markets and customers while bringing existing and new technologies to market. With a history of success in sales, marketing and business development roles, Litecky’s industry expertise has focused on providing complete solutions to meet customers’ requirements. His leadership skills include organizational development, technology development, engineering and operations. In addition, he has been directly involved in multiple transactions requiring due diligence and the integration of acquisitions.
“I’m truly excited to join SkyWater, especially at this time in the company’s evolution with so much opportunity ahead to diversify and expand the business,” said Litecky. “I look forward to utilizing my decades of industry experience to grow SkyWater’s revenue and profits while aligning resources to successfully execute the company’s programs and further develop its strategic vision.”
Litecky’s industry experience includes executive level leadership roles with large, middle market and early stage technology companies such as GCM, Interlink Electronics, Soligie (Molex), Starkey Labs, August Technology (Rudolph Technologies), NT International (Entegris), and Rosemount Inc. (Emerson Process Controls). He has a broad background in a diverse set of markets including industrial, aerospace, space exploration, medical technology, sensors, IoT, electronics & microelectronics, and printed & hybrid flexible electronics. Litecky holds a Bachelor of Science degree in Electrical Engineering from the University of Minnesota.
About SkyWater Technology
SkyWater is a solely U.S.-based and U.S.-owned, DMEA-accredited Category 1A Trusted Foundry. Through its Technology Foundry model, SkyWater provides custom design and development services, design IP, and volume manufacturing for integrated circuits and micro devices. The Company’s world-class operations and unique processing capabilities enable mixed-signal CMOS, rad-hard and ROIC solutions. SkyWater’s Innovation Engineering Services empower development of superconducting and 3D ICs, along with carbon nanotube, photonic and MEMS devices. SkyWater serves customers in growing markets such as aerospace & defense, automotive, cloud & computing, consumer, industrial, IoT and medical. For more information, please visit: www.skywatertechnology.com/.
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