SkyWater Technology Foundry Appoints Steve Wold as Chief Financial Officer

Finance Industry Veteran Brings Deep Expertise in Growth Companies, Business Transformation and Change Management

January 18, 2018, BLOOMINGTON, Minn. – SkyWater Technology Foundry, the industry’s most advanced U.S.-based and U.S.-owned Trusted Foundry, announced today that it has appointed Steve Wold as Chief Financial Officer. Steve has more than 25 years of leadership experience, holding a variety of senior corporate finance roles. He brings a rich background to the company in capital markets, including equity, corporate financing and recapitalizations, and risk management. Steve succeeds Bart Zibrowski, who will move on to the role of Vice-Chairman for the company.

“As we complete our foundry transformation in 2018, I am delighted to welcome Steve Wold to SkyWater as our new CFO,” said Thomas Sonderman, President, SkyWater Technology Foundry. “With his background in high-performance growth organizations, Steve is ideally suited to help us deliver on our long-term vision. I’d also like to thank Bart Zibrowski for the tremendous job he did in putting a strong foundation in place for our finance organization over the last year as we created the company.”

Steve comes to SkyWater Technology Foundry after most recently serving as a key member of the leadership team of Arctic Cat Inc. (formerly ACAT – NASDAQ), where he was instrumental in completing the sale of the company to Textron Inc. in 2017. Prior to that, he was at Orbital ATK (OA – NYSE) for 18 years, where he was focused on transforming processes, change management, and driving operational efficiencies, as the company grew from approximately $1 billion to over $5 billion in revenue. Steve began his career as a CPA with Deloitte Audit and Assurance for over 7 years, where he focused on providing services to both publicly traded and privately held manufacturing entities. He holds a Bachelor of Accountancy from the University of North Dakota, and is a member of the American Institute of Certified Public Accountants and the Minnesota Society of CPAs.

About SkyWater Technology Foundry
SkyWater is a U.S.-based technology foundry, specializing in the development and manufacturing of a wide variety of differentiated semiconductor manufacturing solutions. The company brings advanced development capabilities alongside volume production, which enables customers with unique technology needs to innovate and scale. Reach out to see how SkyWater can help revolutionize your product. To learn more, visit www.skywatertechnology.com.

SkyWater Company Contact: Ross Miller | 952.851.5063 | ross.miller@skywatertechnology.com
SkyWater Media Contact: Lauri Julian | 949.280.5602 | lauri.julian@skywatertechnology.com

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