Business
IQE plc: Appointment of Non-executive Directors
IQE plc has announced the immediate appointment of Robert Dennehy and David O'Carroll as Non-Executive Directors, serving as MACOM Technology Solutions Inc.'s representative directors. Dennehy brings over 30 years of experience from MACOM, including his role as Senior Vice President and Chief Operating Officer since November 2025. O'Carroll has over 10 years of experience at MACOM, with expertise in international operations and finance, and has served as Vice President since October 2023. MACOM holds a 11.5% beneficial interest in IQE's issued share capital. Disclaimer*
About this update from Iqe Plc
IQE plc Cardiff, UK 1 July 2026 Appointment of Non-executive Directors IQE plc (AIM: IQE, "IQE" or the "Group"), the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, is pleased to announce the appointments of Robert Dennehy and David O'Carroll as Non-Executive Directors with immediate effect. Messrs. Dennehy and O'Carroll are appointed as MACOM Technology Solutions Inc.'s ("MACOM") representative directors under the Board Appointment Agreement between MACOM and IQE as previously announced on 28 May 2026. Robert Dennehy has over 30 years of experience at MACOM, spanning product management, operations leadership and general management across the U.S. and Europe. He has served as MACOM's Senior Vice President and Chief Operating Officer since November 2025, having previously held the roles of Senior Vice President, Operations, Vice President, Operations and Managing Director of MACOM's Cork, Ireland subsidiary. Mr. Dennehy holds an Associate's degree in Electronic Engineering and a Diploma in Business Administration from Henley Business School, London. David O'Carroll has over 10 years of experience at MACOM, with particular expertise in international operations, finance, and government relations across Europe and Asia. He has served as MACOM's Vice President since October 2023, managing facilities in France, Japan and Ireland and overseeing MACOM's Asian operations. Mr. O'Carroll previously held the roles of Senior Director of Global Accounting Operations and International Finance Director. He is the President of the MACOM group's French subsidiary. He is also a director on the board of several international subsidiaries within the MACOM group. Mark Cubitt, Chairman of IQE, commented: "I am delighted to welcome Robert and David to the Board of IQE. I look forward to working with them and the rest of the Board as we capitalise on the opportunities ahead for the Company." The following disclosures are made in accordance with Schedule 2(g) of the AIM Rules. Additional information on Robert Dennehy Robert Dennehy, aged 52, holds or has held in the past five years the following directorships or partnerships: Current ...